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Import Cost for Brazil Sugar in China-21/2/2020

2020-02-24 www.cofeed.com
Item Feb. 21 Feb. 20 Unit
ICE Most-active Contract 15.12 15.4 Cents/pound
Brz Raw Sugar Premiums -0.16 -0.16 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 7.0362 7.0456 (CNY/USD)
Duty-paid Price within Quotas 4029 4096 yuan/tonne
       Price Spread with Shandong Sugar 2271 2164 yuan/tonne
       Price Spread with Guangxi Sugar 1831 1764 yuan/tonne
       Price Spread with Yunnan Sugar 1731 1664 yuan/tonne
       Price Spread with ZCE Contract* 1745 1680 yuan/tonne
Duty-paid Price beyond Quotas 6268 6376 yuan/tonne
       Price Spread with Shandong Sugar 32 -116 yuan/tonne
       Price Spread with Guangxi Sugar -408 -516 yuan/tonne
       Price Spread with Yunnan Sugar -508 -616 yuan/tonne
       Price Spread with ZCE Contract -494 -600 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange