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Import Cost for Thailand Sugar in China-27/2/2020

2020-02-28 www.cofeed.com
Item Feb. 27 Feb. 26 Unit
ICE Most-active Contract 14.2 14.54 cents/pound
Thai Raw Sugar Premiums 1.32 1.32 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0086 7.0223 (CNY/USD)
Duty-paid Price within Quotas 3932 4014 yuan/tonne
       Price Spread with Shandong Sugar 2328 2246 yuan/tonne
       Price Spread with Guangxi Sugar 1928 1846 yuan/tonne
       Price Spread with Yunnan Sugar 1838 1766 yuan/tonne
       Price Spread with ZCE Contract* 1803 1720 yuan/tonne
Duty-paid Price beyond Quotas 6113 6245 yuan/tonne
       Price Spread with Shandong Sugar 147 15 yuan/tonne
       Price Spread with Guangxi Sugar -253 -385 yuan/tonne
       Price Spread with Yunnan Sugar -343 -465 yuan/tonne
       Price Spread with ZCE Contract -378 -511 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange