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Import Cost for Brazil Sugar in China-11/3/2020

2020-03-12 www.cofeed.com
Item Mar. 11 Mar. 10 Unit
ICE Most-active Contract 12.26 12.59 Cents/pound
Brz Raw Sugar Premiums 0.11 0.19 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 6.9679 6.9616 (CNY/USD)
Duty-paid Price within Quotas 3401 3489 yuan/tonne
       Price Spread with Shandong Sugar 2769 2681 yuan/tonne
       Price Spread with Guangxi Sugar 2429 2341 yuan/tonne
       Price Spread with Yunnan Sugar 2269 2181 yuan/tonne
       Price Spread with ZCE Contract* 2224 2168 yuan/tonne
Duty-paid Price beyond Quotas 5259 5399 yuan/tonne
       Price Spread with Shandong Sugar 911 771 yuan/tonne
       Price Spread with Guangxi Sugar 571 431 yuan/tonne
       Price Spread with Yunnan Sugar 411 271 yuan/tonne
       Price Spread with ZCE Contract 366 258 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange