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Import Cost for Brazil Sugar in China-3/16/2020

2020-03-17 www.cofeed.com
Item Mar. 16 Mar. 13 Unit
ICE Most-active Contract 11.09 11.7 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0103 7.0203 (CNY/USD)
Duty-paid Price within Quotas 3190 3329 yuan/tonne
       Price Spread with Shandong Sugar 2760 2621 yuan/tonne
       Price Spread with Guangxi Sugar 2600 2461 yuan/tonne
       Price Spread with Yunnan Sugar 2440 2301 yuan/tonne
       Price Spread with ZCE Contract* 2326 2224 yuan/tonne
Duty-paid Price beyond Quotas 4919 5143 yuan/tonne
       Price Spread with Shandong Sugar 1031 807 yuan/tonne
       Price Spread with Guangxi Sugar 871 647 yuan/tonne
       Price Spread with Yunnan Sugar 711 487 yuan/tonne
       Price Spread with ZCE Contract 597 410 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange