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Import Cost for Brazil Sugar in China-3/30/2020

2020-03-31 www.cofeed.com
Item Mar. 30 Mar. 27 Unit
ICE Most-active Contract 10.73 11.1 Cents/pound
Brz Raw Sugar Premiums 0.21 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1069 7.0849 (CNY/USD)
Duty-paid Price within Quotas 3142 3222 yuan/tonne
       Price Spread with Shandong Sugar 2858 2778 yuan/tonne
       Price Spread with Guangxi Sugar 2588 2508 yuan/tonne
       Price Spread with Yunnan Sugar 2388 2318 yuan/tonne
       Price Spread with ZCE Contract* 2382 2277 yuan/tonne
Duty-paid Price beyond Quotas 4841 4971 yuan/tonne
       Price Spread with Shandong Sugar 1159 1029 yuan/tonne
       Price Spread with Guangxi Sugar 889 759 yuan/tonne
       Price Spread with Yunnan Sugar 689 569 yuan/tonne
       Price Spread with ZCE Contract 683 528 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange