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Import Cost for Thailand Sugar in China-25/2/2020

2020-02-26 www.cofeed.com
Item Feb. 25 Feb. 24 Unit
ICE Most-active Contract 14.74 14.73 cents/pound
Thai Raw Sugar Premiums 1.28 1.49 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0298 7.0364 (CNY/USD)
Duty-paid Price within Quotas 4053 4101 yuan/tonne
       Price Spread with Shandong Sugar 2207 2159 yuan/tonne
       Price Spread with Guangxi Sugar 1807 1759 yuan/tonne
       Price Spread with Yunnan Sugar 1727 1679 yuan/tonne
       Price Spread with ZCE Contract* 1753 1721 yuan/tonne
Duty-paid Price beyond Quotas 6308 6385 yuan/tonne
       Price Spread with Shandong Sugar -48 -125 yuan/tonne
       Price Spread with Guangxi Sugar -448 -525 yuan/tonne
       Price Spread with Yunnan Sugar -528 -605 yuan/tonne
       Price Spread with ZCE Contract -502 -563 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange