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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.82 1.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 6.9508 6.9314 (CNY/USD)
Duty-paid Price within Quotas 3636 3694 yuan/tonne
       Price Spread with Shandong Sugar 2534 2506 yuan/tonne
       Price Spread with Guangxi Sugar 2194 2136 yuan/tonne
       Price Spread with Yunnan Sugar 2054 2026 yuan/tonne
       Price Spread with ZCE Contract* 1938 2027 yuan/tonne
Duty-paid Price beyond Quotas 5636 5730 yuan/tonne
       Price Spread with Shandong Sugar 534 470 yuan/tonne
       Price Spread with Guangxi Sugar 194 100 yuan/tonne
       Price Spread with Yunnan Sugar 54 -10 yuan/tonne
       Price Spread with ZCE Contract -62 -9 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange