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Import Cost for Brazil Sugar in China-10/3/2020

2020-03-11 www.cofeed.com
Item Mar. 10 Mar. 9 Unit
ICE Most-active Contract 12.59 12.61 Cents/pound
Brz Raw Sugar Premiums 0.19 0.19 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 6.9616 6.9508 (CNY/USD)
Duty-paid Price within Quotas 3489 3488 yuan/tonne
       Price Spread with Shandong Sugar 2681 2682 yuan/tonne
       Price Spread with Guangxi Sugar 2341 2342 yuan/tonne
       Price Spread with Yunnan Sugar 2181 2202 yuan/tonne
       Price Spread with ZCE Contract* 2168 2086 yuan/tonne
Duty-paid Price beyond Quotas 5399 5399 yuan/tonne
       Price Spread with Shandong Sugar 771 771 yuan/tonne
       Price Spread with Guangxi Sugar 431 431 yuan/tonne
       Price Spread with Yunnan Sugar 271 291 yuan/tonne
       Price Spread with ZCE Contract 258 175 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange