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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.1 2.1 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0726 7.0288 (CNY/USD)
Duty-paid Price within Quotas 3323 3354 yuan/tonne
       Price Spread with Shandong Sugar 2627 2596 yuan/tonne
       Price Spread with Guangxi Sugar 2467 2436 yuan/tonne
       Price Spread with Yunnan Sugar 2287 2256 yuan/tonne
       Price Spread with ZCE Contract* 2145 2160 yuan/tonne
Duty-paid Price beyond Quotas 5133 5182 yuan/tonne
       Price Spread with Shandong Sugar 817 768 yuan/tonne
       Price Spread with Guangxi Sugar 657 608 yuan/tonne
       Price Spread with Yunnan Sugar 477 428 yuan/tonne
       Price Spread with ZCE Contract 335 332 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange