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Import Cost for Thailand Sugar in China-28/2/2020

2020-03-02 www.cofeed.com
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