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Import Cost for Brazil Sugar in China-24/2/2020

2020-02-25 www.cofeed.com
Item Feb. 24 Feb. 21 Unit
ICE Most-active Contract 14.73 15.12 Cents/pound
Brz Raw Sugar Premiums -0.16 -0.16 Cents/pound
Brz Sugar Freight 27.5 34.5 USD/tonne
Exchange Rate 7.0364 7.0362 (CNY/USD)
Duty-paid Price within Quotas 3875 4029 yuan/tonne
       Price Spread with Shandong Sugar 2385 2271 yuan/tonne
       Price Spread with Guangxi Sugar 1985 1831 yuan/tonne
       Price Spread with Yunnan Sugar 1905 1731 yuan/tonne
       Price Spread with ZCE Contract* 1947 1745 yuan/tonne
Duty-paid Price beyond Quotas 6021 6268 yuan/tonne
       Price Spread with Shandong Sugar 239 32 yuan/tonne
       Price Spread with Guangxi Sugar -161 -408 yuan/tonne
       Price Spread with Yunnan Sugar -241 -508 yuan/tonne
       Price Spread with ZCE Contract -199 -494 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange