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Import Cost for Thailand Sugar in China-3/20/2020

2020-03-23 www.cofeed.com
Item Mar. 20 Mar. 19 Unit
ICE Most-active Contract 10.91 10.59 cents/pound
Thai Raw Sugar Premiums 2.35 2.13 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1222 7.1547 (CNY/USD)
Duty-paid Price within Quotas 3454 3346 yuan/tonne
       Price Spread with Shandong Sugar 2446 2554 yuan/tonne
       Price Spread with Guangxi Sugar 2276 2414 yuan/tonne
       Price Spread with Yunnan Sugar 2136 2244 yuan/tonne
       Price Spread with ZCE Contract* 2042 2141 yuan/tonne
Duty-paid Price beyond Quotas 5343 5170 yuan/tonne
       Price Spread with Shandong Sugar 557 730 yuan/tonne
       Price Spread with Guangxi Sugar 387 590 yuan/tonne
       Price Spread with Yunnan Sugar 247 420 yuan/tonne
       Price Spread with ZCE Contract 153 317 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange