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Import Cost for Thailand Sugar in China-12/3/2020

2020-03-13 www.cofeed.com
Item Mar. 12 Mar. 11 Unit
ICE Most-active Contract 11.62 12.26 cents/pound
Thai Raw Sugar Premiums 2 2.02 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0244 6.9679 (CNY/USD)
Duty-paid Price within Quotas 3491 3611 yuan/tonne
       Price Spread with Shandong Sugar 2529 2559 yuan/tonne
       Price Spread with Guangxi Sugar 2299 2219 yuan/tonne
       Price Spread with Yunnan Sugar 2159 2059 yuan/tonne
       Price Spread with ZCE Contract* 2057 2014 yuan/tonne
Duty-paid Price beyond Quotas 5403 5596 yuan/tonne
       Price Spread with Shandong Sugar 617 574 yuan/tonne
       Price Spread with Guangxi Sugar 387 234 yuan/tonne
       Price Spread with Yunnan Sugar 247 74 yuan/tonne
       Price Spread with ZCE Contract 145 29 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange