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Import Cost for Thailand Sugar in China-4/9/2020

2020-04-10 www.cofeed.com
Item Apr. 9 Apr. 8 Unit
ICE Most-active Contract 10.43 10.37 cents/pound
Thai Raw Sugar Premiums 2.72 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0592 7.0668 (CNY/USD)
Duty-paid Price within Quotas 3402 3354 yuan/tonne
       Price Spread with Shandong Sugar 2398 2446 yuan/tonne
       Price Spread with Guangxi Sugar 2258 2306 yuan/tonne
       Price Spread with Yunnan Sugar 2098 2146 yuan/tonne
       Price Spread with ZCE Contract* 2048 2114 yuan/tonne
Duty-paid Price beyond Quotas 5260 5183 yuan/tonne
       Price Spread with Shandong Sugar 540 617 yuan/tonne
       Price Spread with Guangxi Sugar 400 477 yuan/tonne
       Price Spread with Yunnan Sugar 240 317 yuan/tonne
       Price Spread with ZCE Contract 190 285 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange