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Import Cost for Brazil Sugar in China-2/3/2020

2020-03-03 www.cofeed.com
Item Mar. 2 Feb. 28 Unit
ICE Most-active Contract 13.81 14.14 Cents/pound
Brz Raw Sugar Premiums -0.14 -0.16 Cents/pound
Brz Sugar Freight 27.75 27.75 USD/tonne
Exchange Rate 6.9622 6.9768 (CNY/USD)
Duty-paid Price within Quotas 3643 3718 yuan/tonne
       Price Spread with Shandong Sugar 2617 2542 yuan/tonne
       Price Spread with Guangxi Sugar 2217 2132 yuan/tonne
       Price Spread with Yunnan Sugar 2107 2032 yuan/tonne
       Price Spread with ZCE Contract* 2107 1946 yuan/tonne
Duty-paid Price beyond Quotas 5648 5769 yuan/tonne
       Price Spread with Shandong Sugar 612 491 yuan/tonne
       Price Spread with Guangxi Sugar 212 81 yuan/tonne
       Price Spread with Yunnan Sugar 102 -19 yuan/tonne
       Price Spread with ZCE Contract 102 -105 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange