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Import Cost for Brazil Sugar in China-3/13/2020

2020-03-16 www.cofeed.com
Item Mar. 13 Mar. 12 Unit
ICE Most-active Contract 11.7 11.62 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0203 7.0244 (CNY/USD)
Duty-paid Price within Quotas 3329 3313 yuan/tonne
       Price Spread with Shandong Sugar 2621 2707 yuan/tonne
       Price Spread with Guangxi Sugar 2461 2477 yuan/tonne
       Price Spread with Yunnan Sugar 2301 2337 yuan/tonne
       Price Spread with ZCE Contract* 2224 2235 yuan/tonne
Duty-paid Price beyond Quotas 5143 5117 yuan/tonne
       Price Spread with Shandong Sugar 807 903 yuan/tonne
       Price Spread with Guangxi Sugar 647 673 yuan/tonne
       Price Spread with Yunnan Sugar 487 533 yuan/tonne
       Price Spread with ZCE Contract 410 431 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange