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Import Cost for Thailand Sugar in China-19/2/2020

2020-02-20 www.cofeed.com
Item Feb. 19 Feb. 18 Unit
ICE Most-active Contract 15.58 15.28 cents/pound
Thai Raw Sugar Premiums 1.49 1.49 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0132 7.0067 (CNY/USD)
Duty-paid Price within Quotas 4277 4207 yuan/tonne
       Price Spread with Shandong Sugar 1983 2053 yuan/tonne
       Price Spread with Guangxi Sugar 1583 1643 yuan/tonne
       Price Spread with Yunnan Sugar 1483 1553 yuan/tonne
       Price Spread with ZCE Contract* 1474 1541 yuan/tonne
Duty-paid Price beyond Quotas 6667 6555 yuan/tonne
       Price Spread with Shandong Sugar -407 -295 yuan/tonne
       Price Spread with Guangxi Sugar -807 -705 yuan/tonne
       Price Spread with Yunnan Sugar -907 -795 yuan/tonne
       Price Spread with ZCE Contract -916 -807 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange