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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.62 1.62 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.943 6.9222 (CNY/USD)
Duty-paid Price within Quotas 3794 3795 yuan/tonne
       Price Spread with Shandong Sugar 2406 2405 yuan/tonne
       Price Spread with Guangxi Sugar 2036 2035 yuan/tonne
       Price Spread with Yunnan Sugar 1926 1925 yuan/tonne
       Price Spread with ZCE Contract* 1934 1884 yuan/tonne
Duty-paid Price beyond Quotas 5890 5892 yuan/tonne
       Price Spread with Shandong Sugar 310 308 yuan/tonne
       Price Spread with Guangxi Sugar -60 -62 yuan/tonne
       Price Spread with Yunnan Sugar -170 -172 yuan/tonne
       Price Spread with ZCE Contract -162 -213 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange