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Import Cost for Brazil Sugar in China-5/3/2020

2020-03-06 www.cofeed.com
Item Mar. 5 Mar. 4 Unit
ICE Most-active Contract 13.42 13.47 Cents/pound
Brz Raw Sugar Premiums 0.2 0.2 Cents/pound
Brz Sugar Freight 27.75 27.75 USD/tonne
Exchange Rate 6.943 6.9222 (CNY/USD)
Duty-paid Price within Quotas 3623 3625 yuan/tonne
       Price Spread with Shandong Sugar 2577 2575 yuan/tonne
       Price Spread with Guangxi Sugar 2207 2205 yuan/tonne
       Price Spread with Yunnan Sugar 2097 2095 yuan/tonne
       Price Spread with ZCE Contract* 2105 2054 yuan/tonne
Duty-paid Price beyond Quotas 5616 5618 yuan/tonne
       Price Spread with Shandong Sugar 584 582 yuan/tonne
       Price Spread with Guangxi Sugar 214 212 yuan/tonne
       Price Spread with Yunnan Sugar 104 102 yuan/tonne
       Price Spread with ZCE Contract 112 61 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange