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Import Cost for Brazil Sugar in China-4/2/2020

2020-04-03 www.cofeed.com
Item Apr. 2 Apr. 1 Unit
ICE Most-active Contract 10.29 10.04 Cents/pound
Brz Raw Sugar Premiums 0.17 0.19 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0908 7.1212 (CNY/USD)
Duty-paid Price within Quotas 3028 2988 yuan/tonne
       Price Spread with Shandong Sugar 2872 3012 yuan/tonne
       Price Spread with Guangxi Sugar 2652 2712 yuan/tonne
       Price Spread with Yunnan Sugar 2502 2542 yuan/tonne
       Price Spread with ZCE Contract* 2373 2417 yuan/tonne
Duty-paid Price beyond Quotas 4659 4594 yuan/tonne
       Price Spread with Shandong Sugar 1241 1406 yuan/tonne
       Price Spread with Guangxi Sugar 1021 1106 yuan/tonne
       Price Spread with Yunnan Sugar 871 936 yuan/tonne
       Price Spread with ZCE Contract 742 811 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange