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Cost of Importing Brazil Sugar in China--5/6/2020

2020-05-07 www.cofeed.com
Item May. 6 May. 5 Unit
ICE Most-active Contract 10.27 10.78 cents/pound
Brz Raw Sugar Premiums 0.11 0.08 cents/pound
Brz Sugar Freight 23.25 23.25 USD/tonne
Exchange Rate 7.13 7.0912 (CNY/USD)
Duty-paid Price within Quotas 2940 3033 CNY/tonne
   Price Spread with Shandong Sugar 2660 - CNY/tonne
 Price Spread with Guangxi Sugar 2520 - CNY/tonne
Price Spread with Yunnan Sugar 2410 - CNY/tonne
 Price Spread with ZCE Contract* 2087 - CNY/tonne
Duty-paid Price beyond Quotas 4516 4666 CNY/tonne
   Price Spread with Shandong Sugar 1084 - CNY/tonne
 Price Spread with Guangxi Sugar 944 - CNY/tonne
Price Spread with Yunnan Sugar 834 - CNY/tonne
Price Spread with ZCE Contract 511 - CNY/tonne
*The most-active contract on the Zhengzhou Commodity Exchange