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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.02 2.02 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0103 7.0203 (CNY/USD)
Duty-paid Price within Quotas 3372 3511 yuan/tonne
       Price Spread with Shandong Sugar 2578 2439 yuan/tonne
       Price Spread with Guangxi Sugar 2418 2279 yuan/tonne
       Price Spread with Yunnan Sugar 2258 2119 yuan/tonne
       Price Spread with ZCE Contract* 2144 2042 yuan/tonne
Duty-paid Price beyond Quotas 5212 5436 yuan/tonne
       Price Spread with Shandong Sugar 738 514 yuan/tonne
       Price Spread with Guangxi Sugar 578 354 yuan/tonne
       Price Spread with Yunnan Sugar 418 194 yuan/tonne
       Price Spread with ZCE Contract 304 117 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange