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Import Cost for Thailand Sugar in China-4/27/2020

2020-04-28 www.cofeed.com
Item Apr. 27 Apr. 24 Unit
ICE Most-active Contract 9.38 9.81 cents/pound
Thai Raw Sugar Premiums 2.8 2.8 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0912 7.0865 (CNY/USD)
Duty-paid Price within Quotas 3199 3293 yuan/tonne
       Price Spread with Shandong Sugar 2501 2457 yuan/tonne
       Price Spread with Guangxi Sugar 2291 2257 yuan/tonne
       Price Spread with Yunnan Sugar 2181 2157 yuan/tonne
       Price Spread with ZCE Contract* 2000 2007 yuan/tonne
Duty-paid Price beyond Quotas 4934 5085 yuan/tonne
       Price Spread with Shandong Sugar 766 665 yuan/tonne
       Price Spread with Guangxi Sugar 556 465 yuan/tonne
       Price Spread with Yunnan Sugar 446 365 yuan/tonne
       Price Spread with ZCE Contract 265 215 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange