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Import Cost for Thailand Sugar in China-26/2/2020

2020-02-27 www.cofeed.com
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