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Import Cost for Thailand Sugar in China-3/25/2020

2020-03-26 www.cofeed.com
Item Mar. 25 Mar. 24 Unit
ICE Most-active Contract 11.41 11.27 cents/pound
Thai Raw Sugar Premiums 2.35 2.35 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1238 7.0836 (CNY/USD)
Duty-paid Price within Quotas 3566 3517 yuan/tonne
       Price Spread with Shandong Sugar 2284 2333 yuan/tonne
       Price Spread with Guangxi Sugar 2164 2213 yuan/tonne
       Price Spread with Yunnan Sugar 2014 2063 yuan/tonne
       Price Spread with ZCE Contract* 1930 1979 yuan/tonne
Duty-paid Price beyond Quotas 5525 5445 yuan/tonne
       Price Spread with Shandong Sugar 325 405 yuan/tonne
       Price Spread with Guangxi Sugar 205 285 yuan/tonne
       Price Spread with Yunnan Sugar 55 135 yuan/tonne
       Price Spread with ZCE Contract -29 51 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange