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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.92 1.82 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 6.9616 6.9508 (CNY/USD)
Duty-paid Price within Quotas 3658 3636 yuan/tonne
       Price Spread with Shandong Sugar 2512 2534 yuan/tonne
       Price Spread with Guangxi Sugar 2172 2194 yuan/tonne
       Price Spread with Yunnan Sugar 2012 2054 yuan/tonne
       Price Spread with ZCE Contract* 1999 1938 yuan/tonne
Duty-paid Price beyond Quotas 5672 5636 yuan/tonne
       Price Spread with Shandong Sugar 498 534 yuan/tonne
       Price Spread with Guangxi Sugar 158 194 yuan/tonne
       Price Spread with Yunnan Sugar -2 54 yuan/tonne
       Price Spread with ZCE Contract -15 -62 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange