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Import Cost for Brazil Sugar in China-3/27/2020

2020-03-30 www.cofeed.com
Item Mar. 27 Mar. 26 Unit
ICE Most-active Contract 11.1 11.33 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0849 7.0783 (CNY/USD)
Duty-paid Price within Quotas 3222 3271 yuan/tonne
       Price Spread with Shandong Sugar 2778 2729 yuan/tonne
       Price Spread with Guangxi Sugar 2508 2459 yuan/tonne
       Price Spread with Yunnan Sugar 2318 2289 yuan/tonne
       Price Spread with ZCE Contract* 2277 2220 yuan/tonne
Duty-paid Price beyond Quotas 4971 5049 yuan/tonne
       Price Spread with Shandong Sugar 1029 951 yuan/tonne
       Price Spread with Guangxi Sugar 759 681 yuan/tonne
       Price Spread with Yunnan Sugar 569 511 yuan/tonne
       Price Spread with ZCE Contract 528 442 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange