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Import Cost for Brazil Sugar in China-6/3/2020

2020-03-09 www.cofeed.com
Item Mar. 6 Mar. 5 Unit
ICE Most-active Contract 13.02 13.42 Cents/pound
Brz Raw Sugar Premiums 0.19 0.2 Cents/pound
Brz Sugar Freight 32 27.75 USD/tonne
Exchange Rate 6.9314 6.943 (CNY/USD)
Duty-paid Price within Quotas 3569 3623 yuan/tonne
       Price Spread with Shandong Sugar 2631 2577 yuan/tonne
       Price Spread with Guangxi Sugar 2261 2207 yuan/tonne
       Price Spread with Yunnan Sugar 2151 2097 yuan/tonne
       Price Spread with ZCE Contract* 2152 2105 yuan/tonne
Duty-paid Price beyond Quotas 5528 5616 yuan/tonne
       Price Spread with Shandong Sugar 672 584 yuan/tonne
       Price Spread with Guangxi Sugar 302 214 yuan/tonne
       Price Spread with Yunnan Sugar 192 104 yuan/tonne
       Price Spread with ZCE Contract 193 112 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange