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Cost of Importing Thailand 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
Thai Raw Sugar Premiums 2.8 2.8 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.13 7.0912 (CNY/USD)
Duty-paid Price within Quotas 3414 3512 CNY/tonne
   Price Spread with Shandong Sugar 2186 - CNY/tonne
 Price Spread with Guangxi Sugar 2046 - CNY/tonne
Price Spread with Yunnan Sugar 1936 - CNY/tonne
Price Spread with ZCE Contract* 1613 - CNY/tonne
Duty-paid Price beyond Quotas 5280 5437 CNY/tonne
   Price Spread with Shandong Sugar 320 - CNY/tonne
 Price Spread with Guangxi Sugar 180 - CNY/tonne
Price Spread with Yunnan Sugar 70 - CNY/tonne
Price Spread with ZCE Contract -253 - CNY/tonne
*The most-active contract on the Zhengzhou Commodity Exchange