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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.02 1.92 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 6.9679 6.9616 (CNY/USD)
Duty-paid Price within Quotas 3611 3658 yuan/tonne
       Price Spread with Shandong Sugar 2559 2512 yuan/tonne
       Price Spread with Guangxi Sugar 2219 2172 yuan/tonne
       Price Spread with Yunnan Sugar 2059 2012 yuan/tonne
       Price Spread with ZCE Contract* 2014 1999 yuan/tonne
Duty-paid Price beyond Quotas 5596 5672 yuan/tonne
       Price Spread with Shandong Sugar 574 498 yuan/tonne
       Price Spread with Guangxi Sugar 234 158 yuan/tonne
       Price Spread with Yunnan Sugar 74 -2 yuan/tonne
       Price Spread with ZCE Contract 29 -15 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange