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Import Cost for Brazil Sugar in China-4/3/2020

2020-03-05 www.cofeed.com
Item Mar. 4 Mar. 3 Unit
ICE Most-active Contract 13.47 13.76 Cents/pound
Brz Raw Sugar Premiums 0.2 0.2 Cents/pound
Brz Sugar Freight 27.75 27.75 USD/tonne
Exchange Rate 6.9222 6.9463 (CNY/USD)
Duty-paid Price within Quotas 3625 3699 yuan/tonne
       Price Spread with Shandong Sugar 2575 2561 yuan/tonne
       Price Spread with Guangxi Sugar 2205 2161 yuan/tonne
       Price Spread with Yunnan Sugar 2095 2051 yuan/tonne
       Price Spread with ZCE Contract* 2054 1992 yuan/tonne
Duty-paid Price beyond Quotas 5618 5738 yuan/tonne
       Price Spread with Shandong Sugar 582 522 yuan/tonne
       Price Spread with Guangxi Sugar 212 122 yuan/tonne
       Price Spread with Yunnan Sugar 102 12 yuan/tonne
       Price Spread with ZCE Contract 61 -47 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange