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Import Cost for Brazil Sugar in China-4/7/2020

2020-04-08 www.cofeed.com
Item Apr. 7 Apr. 6 Unit
ICE Most-active Contract 10.38 10.45 Cents/pound
Brz Raw Sugar Premiums 0.17 0.17 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0645 7.1047 (CNY/USD)
Duty-paid Price within Quotas 3038 3069 yuan/tonne
       Price Spread with Shandong Sugar 2762 2731 yuan/tonne
       Price Spread with Guangxi Sugar 2622 2591 yuan/tonne
       Price Spread with Yunnan Sugar 2462 2441 yuan/tonne
       Price Spread with ZCE Contract* 2409   yuan/tonne
Duty-paid Price beyond Quotas 4675 4725 yuan/tonne
       Price Spread with Shandong Sugar 1125 1075 yuan/tonne
       Price Spread with Guangxi Sugar 985 935 yuan/tonne
       Price Spread with Yunnan Sugar 825 785 yuan/tonne
       Price Spread with ZCE Contract 772   yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange