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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.49 1.49 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0362 7.0456 (CNY/USD)
Duty-paid Price within Quotas 4187 4255 yuan/tonne
       Price Spread with Shandong Sugar 2113 2005 yuan/tonne
       Price Spread with Guangxi Sugar 1673 1605 yuan/tonne
       Price Spread with Yunnan Sugar 1573 1505 yuan/tonne
       Price Spread with ZCE Contract* 1587 1521 yuan/tonne
Duty-paid Price beyond Quotas 6524 6632 yuan/tonne
       Price Spread with Shandong Sugar -224 -372 yuan/tonne
       Price Spread with Guangxi Sugar -664 -772 yuan/tonne
       Price Spread with Yunnan Sugar -764 -872 yuan/tonne
       Price Spread with ZCE Contract -750 -856 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange