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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.62 1.58 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9222 6.9463 (CNY/USD)
Duty-paid Price within Quotas 3795 3861 yuan/tonne
       Price Spread with Shandong Sugar 2405 2399 yuan/tonne
       Price Spread with Guangxi Sugar 2035 1999 yuan/tonne
       Price Spread with Yunnan Sugar 1925 1889 yuan/tonne
       Price Spread with ZCE Contract* 1884 1830 yuan/tonne
Duty-paid Price beyond Quotas 5892 5999 yuan/tonne
       Price Spread with Shandong Sugar 308 261 yuan/tonne
       Price Spread with Guangxi Sugar -62 -139 yuan/tonne
       Price Spread with Yunnan Sugar -172 -249 yuan/tonne
       Price Spread with ZCE Contract -213 -308 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange