Item |
Feb. 28 |
Feb. 27 |
Unit |
ICE Most-active Contract |
14.14 |
14.2 |
cents/pound |
Thai Raw Sugar
Premiums |
1.32 |
1.32 |
cents/pound |
Thai Sugar
Freight |
13 |
13 |
USD/tonne |
Exchange Rate |
6.9768 |
7.0086 |
(CNY/USD) |
Duty-paid
Price within Quotas |
3903 |
3932 |
yuan/tonne |
Price Spread with Shandong Sugar |
2357 |
2328 |
yuan/tonne |
Price Spread with Guangxi Sugar |
1947 |
1928 |
yuan/tonne |
Price Spread with Yunnan Sugar |
1847 |
1838 |
yuan/tonne |
Price Spread with ZCE Contract* |
1761 |
1803 |
yuan/tonne |
Duty-paid
Price beyond Quotas |
6066 |
6113 |
yuan/tonne |
Price Spread with Shandong Sugar |
194 |
147 |
yuan/tonne |
Price Spread with Guangxi Sugar |
-216 |
-253 |
yuan/tonne |
Price Spread with Yunnan Sugar |
-316 |
-343 |
yuan/tonne |
Price Spread with ZCE Contract |
-402 |
-378 |
yuan/tonne |
*The most-active contract on the Zhengzhou Commodity Exchange |