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

2020-03-04 www.cofeed.com
Item Mar. 3 Mar. 2 Unit
ICE Most-active Contract 13.76 13.81 Cents/pound
Brz Raw Sugar Premiums 0.2 -0.14 Cents/pound
Brz Sugar Freight 27.75 27.75 USD/tonne
Exchange Rate 6.9463 6.9622 (CNY/USD)
Duty-paid Price within Quotas 3699 3643 yuan/tonne
       Price Spread with Shandong Sugar 2561 2617 yuan/tonne
       Price Spread with Guangxi Sugar 2161 2217 yuan/tonne
       Price Spread with Yunnan Sugar 2051 2107 yuan/tonne
       Price Spread with ZCE Contract* 1992 2107 yuan/tonne
Duty-paid Price beyond Quotas 5738 5648 yuan/tonne
       Price Spread with Shandong Sugar 522 612 yuan/tonne
       Price Spread with Guangxi Sugar 122 212 yuan/tonne
       Price Spread with Yunnan Sugar 12 102 yuan/tonne
       Price Spread with ZCE Contract -47 102 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange
Item Mar. 3 Mar. 2 Unit
ICE Most-active Contract 13.76 13.81 Cents/pound
Brz Raw Sugar Premiums 0.2 -0.14 Cents/pound
Brz Sugar Freight 27.75 27.75 USD/tonne
Exchange Rate 6.9463 6.9622 (CNY/USD)
Duty-paid Price within Quotas 3699 3643 yuan/tonne
       Price Spread with Shandong Sugar 2561 2617 yuan/tonne
       Price Spread with Guangxi Sugar 2161 2217 yuan/tonne
       Price Spread with Yunnan Sugar 2051 2107 yuan/tonne
       Price Spread with ZCE Contract* 1992 2107 yuan/tonne
Duty-paid Price beyond Quotas 5738 5648 yuan/tonne
       Price Spread with Shandong Sugar 522 612 yuan/tonne
       Price Spread with Guangxi Sugar 122 212 yuan/tonne
       Price Spread with Yunnan Sugar 12 102 yuan/tonne
       Price Spread with ZCE Contract -47 102 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange