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Import Cost for Brazil Sugar in China-9/3/2020

2020-03-10 www.cofeed.com
Item Mar. 9 Mar. 6 Unit
ICE Most-active Contract 12.61 13.02 Cents/pound
Brz Raw Sugar Premiums 0.19 0.19 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 6.9508 6.9314 (CNY/USD)
Duty-paid Price within Quotas 3488 3569 yuan/tonne
       Price Spread with Shandong Sugar 2682 2631 yuan/tonne
       Price Spread with Guangxi Sugar 2342 2261 yuan/tonne
       Price Spread with Yunnan Sugar 2202 2151 yuan/tonne
       Price Spread with ZCE Contract* 2086 2152 yuan/tonne
Duty-paid Price beyond Quotas 5399 5528 yuan/tonne
       Price Spread with Shandong Sugar 771 672 yuan/tonne
       Price Spread with Guangxi Sugar 431 302 yuan/tonne
       Price Spread with Yunnan Sugar 291 192 yuan/tonne
       Price Spread with ZCE Contract 175 193 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange