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Import Cost for Brazil Sugar in China-4/20/2020

2020-04-21 www.cofeed.com
Item Apr. 20 Apr. 17 Unit
ICE Most-active Contract 10.26 10.53 Cents/pound
Brz Raw Sugar Premiums 0.05 0.05 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0895 7.0749 (CNY/USD)
Duty-paid Price within Quotas 2994 3049 yuan/tonne
       Price Spread with Shandong Sugar 2806 2751 yuan/tonne
       Price Spread with Guangxi Sugar 2586 2571 yuan/tonne
       Price Spread with Yunnan Sugar 2506 2451 yuan/tonne
       Price Spread with ZCE Contract* 2428 2371 yuan/tonne
Duty-paid Price beyond Quotas 4604 4692 yuan/tonne
       Price Spread with Shandong Sugar 1196 1108 yuan/tonne
       Price Spread with Guangxi Sugar 976 928 yuan/tonne
       Price Spread with Yunnan Sugar 896 808 yuan/tonne
       Price Spread with ZCE Contract 818 728 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange