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Import Cost for Brazil Sugar in China-4/15/2020

2020-04-16 www.cofeed.com
Item Apr. 15 Apr. 14 Unit
ICE Most-active Contract 10.28 10.25 Cents/pound
Brz Raw Sugar Premiums 0.04 0.09 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0688 7.046 (CNY/USD)
Duty-paid Price within Quotas 2989 2985 yuan/tonne
       Price Spread with Shandong Sugar 2811 2815 yuan/tonne
       Price Spread with Guangxi Sugar 2651 2675 yuan/tonne
       Price Spread with Yunnan Sugar 2511 2515 yuan/tonne
       Price Spread with ZCE Contract* 2441 2456 yuan/tonne
Duty-paid Price beyond Quotas 4596 4589 yuan/tonne
       Price Spread with Shandong Sugar 1204 1211 yuan/tonne
       Price Spread with Guangxi Sugar 1044 1071 yuan/tonne
       Price Spread with Yunnan Sugar 904 911 yuan/tonne
       Price Spread with ZCE Contract 834 852 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange