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Import Cost for Brazil Sugar in China-20/2/2020

2020-02-21 www.cofeed.com
Item Feb. 20 Feb. 19 Unit
ICE Most-active Contract 15.4 15.58 Cents/pound
Brz Raw Sugar Premiums -0.16 -0.08 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 7.0456 7.0132 (CNY/USD)
Duty-paid Price within Quotas 4096 4136 yuan/tonne
       Price Spread with Shandong Sugar 2164 2124 yuan/tonne
       Price Spread with Guangxi Sugar 1764 1724 yuan/tonne
       Price Spread with Yunnan Sugar 1664 1624 yuan/tonne
       Price Spread with ZCE Contract* 1680 1615 yuan/tonne
Duty-paid Price beyond Quotas 6376 6441 yuan/tonne
       Price Spread with Shandong Sugar -116 -181 yuan/tonne
       Price Spread with Guangxi Sugar -516 -581 yuan/tonne
       Price Spread with Yunnan Sugar -616 -681 yuan/tonne
       Price Spread with ZCE Contract -600 -690 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange