Item |
Feb. 26 |
Feb. 25 |
Unit |
ICE Most-active Contract |
14.54 |
14.74 |
cents/pound |
Thai Raw Sugar
Premiums |
1.32 |
1.28 |
cents/pound |
Thai Sugar
Freight |
13 |
13 |
USD/tonne |
Exchange Rate |
7.0223 |
7.0298 |
(CNY/USD) |
Duty-paid
Price within Quotas |
4014 |
4053 |
yuan/tonne |
Price Spread with Shandong Sugar |
2246 |
2207 |
yuan/tonne |
Price Spread with Guangxi Sugar |
1846 |
1807 |
yuan/tonne |
Price Spread with Yunnan Sugar |
1766 |
1727 |
yuan/tonne |
Price Spread with ZCE Contract* |
1720 |
1753 |
yuan/tonne |
Duty-paid
Price beyond Quotas |
6245 |
6308 |
yuan/tonne |
Price Spread with Shandong Sugar |
15 |
-48 |
yuan/tonne |
Price Spread with Guangxi Sugar |
-385 |
-448 |
yuan/tonne |
Price Spread with Yunnan Sugar |
-465 |
-528 |
yuan/tonne |
Price Spread with ZCE Contract |
-511 |
-502 |
yuan/tonne |
*The most-active contract on the Zhengzhou Commodity Exchange |