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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0645 7.1047 (CNY/USD)
Duty-paid Price within Quotas 3355 3388 yuan/tonne
       Price Spread with Shandong Sugar 2445 2412 yuan/tonne
       Price Spread with Guangxi Sugar 2305 2272 yuan/tonne
       Price Spread with Yunnan Sugar 2145 2122 yuan/tonne
       Price Spread with ZCE Contract* 2092   yuan/tonne
Duty-paid Price beyond Quotas 5185 5237 yuan/tonne
       Price Spread with Shandong Sugar 615 563 yuan/tonne
       Price Spread with Guangxi Sugar 475 423 yuan/tonne
       Price Spread with Yunnan Sugar 315 273 yuan/tonne
       Price Spread with ZCE Contract 262   yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange