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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.72 1.62 cents/pound
Thai Sugar Freight 10 13 USD/tonne
Exchange Rate 6.9314 6.943 (CNY/USD)
Duty-paid Price within Quotas 3694 3794 yuan/tonne
       Price Spread with Shandong Sugar 2506 2406 yuan/tonne
       Price Spread with Guangxi Sugar 2136 2036 yuan/tonne
       Price Spread with Yunnan Sugar 2026 1926 yuan/tonne
       Price Spread with ZCE Contract* 2027 1934 yuan/tonne
Duty-paid Price beyond Quotas 5730 5890 yuan/tonne
       Price Spread with Shandong Sugar 470 310 yuan/tonne
       Price Spread with Guangxi Sugar 100 -60 yuan/tonne
       Price Spread with Yunnan Sugar -10 -170 yuan/tonne
       Price Spread with ZCE Contract -9 -162 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange