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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.58 1.32 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9463 6.9622 (CNY/USD)
Duty-paid Price within Quotas 3861 3823 yuan/tonne
       Price Spread with Shandong Sugar 2399 2437 yuan/tonne
       Price Spread with Guangxi Sugar 1999 2037 yuan/tonne
       Price Spread with Yunnan Sugar 1889 1927 yuan/tonne
       Price Spread with ZCE Contract* 1830 1927 yuan/tonne
Duty-paid Price beyond Quotas 5999 5937 yuan/tonne
       Price Spread with Shandong Sugar 261 323 yuan/tonne
       Price Spread with Guangxi Sugar -139 -77 yuan/tonne
       Price Spread with Yunnan Sugar -249 -187 yuan/tonne
       Price Spread with ZCE Contract -308 -187 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange