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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.1 2.02 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0288 7.0103 (CNY/USD)
Duty-paid Price within Quotas 3354 3372 yuan/tonne
       Price Spread with Shandong Sugar 2596 2578 yuan/tonne
       Price Spread with Guangxi Sugar 2436 2418 yuan/tonne
       Price Spread with Yunnan Sugar 2256 2258 yuan/tonne
       Price Spread with ZCE Contract* 2160 2144 yuan/tonne
Duty-paid Price beyond Quotas 5182 5212 yuan/tonne
       Price Spread with Shandong Sugar 768 738 yuan/tonne
       Price Spread with Guangxi Sugar 608 578 yuan/tonne
       Price Spread with Yunnan Sugar 428 418 yuan/tonne
       Price Spread with ZCE Contract 332 304 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange