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Import Cost for Brazil Sugar in China-3/18/2020

2020-03-19 www.cofeed.com
Item Mar. 18 Mar. 17 Unit
ICE Most-active Contract 10.67 10.89 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0726 7.0288 (CNY/USD)
Duty-paid Price within Quotas 3122 3153 yuan/tonne
       Price Spread with Shandong Sugar 2828 2797 yuan/tonne
       Price Spread with Guangxi Sugar 2668 2637 yuan/tonne
       Price Spread with Yunnan Sugar 2488 2457 yuan/tonne
       Price Spread with ZCE Contract* 2346 2361 yuan/tonne
Duty-paid Price beyond Quotas 4809 4860 yuan/tonne
       Price Spread with Shandong Sugar 1141 1090 yuan/tonne
       Price Spread with Guangxi Sugar 981 930 yuan/tonne
       Price Spread with Yunnan Sugar 801 750 yuan/tonne
       Price Spread with ZCE Contract 659 654 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange