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Import Cost for Thailand Sugar in China-4/8/2020

2020-04-09 www.cofeed.com
Item Apr. 8 Apr. 7 Unit
ICE Most-active Contract 10.37 10.38 cents/pound
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0668 7.0645 (CNY/USD)
Duty-paid Price within Quotas 3354 3355 yuan/tonne
       Price Spread with Shandong Sugar 2446 2445 yuan/tonne
       Price Spread with Guangxi Sugar 2306 2305 yuan/tonne
       Price Spread with Yunnan Sugar 2146 2145 yuan/tonne
       Price Spread with ZCE Contract* 2114 2092 yuan/tonne
Duty-paid Price beyond Quotas 5183 5185 yuan/tonne
       Price Spread with Shandong Sugar 617 615 yuan/tonne
       Price Spread with Guangxi Sugar 477 475 yuan/tonne
       Price Spread with Yunnan Sugar 317 315 yuan/tonne
       Price Spread with ZCE Contract 285 262 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange