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Import Cost for Brazil Sugar in China-4/23/2020

2020-04-24 www.cofeed.com
Item Apr. 23 Apr. 22 Unit
ICE Most-active Contract 10.01 10.01 Cents/pound
Brz Raw Sugar Premiums 0.05 0.05 Cents/pound
Brz Sugar Freight 23.25 32 USD/tonne
Exchange Rate 7.0912 7.0981 (CNY/USD)
Duty-paid Price within Quotas 2854 2942 yuan/tonne
       Price Spread with Shandong Sugar 2946 2858 yuan/tonne
       Price Spread with Guangxi Sugar 2726 2638 yuan/tonne
       Price Spread with Yunnan Sugar 2596 2528 yuan/tonne
       Price Spread with ZCE Contract* 2484 2391 yuan/tonne
Duty-paid Price beyond Quotas 4379 4519 yuan/tonne
       Price Spread with Shandong Sugar 1421 1281 yuan/tonne
       Price Spread with Guangxi Sugar 1201 1061 yuan/tonne
       Price Spread with Yunnan Sugar 1071 951 yuan/tonne
       Price Spread with ZCE Contract 959 814 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange