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Import Cost for Brazil Sugar in China-3/17/2020

2020-03-18 www.cofeed.com
Item Mar. 17 Mar. 16 Unit
ICE Most-active Contract 10.89 11.09 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0288 7.0103 (CNY/USD)
Duty-paid Price within Quotas 3153 3190 yuan/tonne
       Price Spread with Shandong Sugar 2797 2760 yuan/tonne
       Price Spread with Guangxi Sugar 2637 2600 yuan/tonne
       Price Spread with Yunnan Sugar 2457 2440 yuan/tonne
       Price Spread with ZCE Contract* 2361 2326 yuan/tonne
Duty-paid Price beyond Quotas 4860 4919 yuan/tonne
       Price Spread with Shandong Sugar 1090 1031 yuan/tonne
       Price Spread with Guangxi Sugar 930 871 yuan/tonne
       Price Spread with Yunnan Sugar 750 711 yuan/tonne
       Price Spread with ZCE Contract 654 597 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange