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Import Cost for Thailand Sugar in China-3/31/2020

2020-04-01 www.cofeed.com
Item Mar. 31 Mar. 30 Unit
ICE Most-active Contract 10.42 10.73 cents/pound
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0924 7.1069 (CNY/USD)
Duty-paid Price within Quotas 3376 3452 yuan/tonne
       Price Spread with Shandong Sugar 2624 2548 yuan/tonne
       Price Spread with Guangxi Sugar 2354 2278 yuan/tonne
       Price Spread with Yunnan Sugar 2154 2078 yuan/tonne
       Price Spread with ZCE Contract* 2153 2072 yuan/tonne
Duty-paid Price beyond Quotas 5218 5340 yuan/tonne
       Price Spread with Shandong Sugar 782 660 yuan/tonne
       Price Spread with Guangxi Sugar 512 390 yuan/tonne
       Price Spread with Yunnan Sugar 312 190 yuan/tonne
       Price Spread with ZCE Contract 311 184 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange