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 |