| Item |
Aug. 14 |
Aug. 13 |
Unit |
| ICE Most-active Contract |
13.1 |
13.11 |
cents/pound |
| Brz Raw Sugar Premiums |
-0.13 |
-0.13 |
cents/pound |
| Brz Sugar Freight |
27.9 |
29 |
USD/tonne |
| Exchange Rate |
6.9397 |
6.9475 |
(CNY/USD) |
| Duty-paid Price within Quotas |
3481 |
3497 |
CNY/tonne |
| Price Spread with Shandong Sugar |
1919 |
1903 |
CNY/tonne |
| Price Spread with Guangxi Sugar |
1799 |
1783 |
CNY/tonne |
| Price Spread with Yunnan Sugar |
1729 |
1713 |
CNY/tonne |
| Price Spread with ZCE Contract* |
1621 |
1549 |
CNY/tonne |
| Duty-paid Price beyond Quotas |
4435 |
4456 |
CNY/tonne |
| Price Spread with Shandong Sugar |
965 |
944 |
CNY/tonne |
| Price Spread with Guangxi Sugar |
845 |
824 |
CNY/tonne |
| Price Spread with Yunnan Sugar |
775 |
754 |
CNY/tonne |
| Price Spread with ZCE Contract |
667 |
590 |
CNY/tonne |
| *The most-active contract on the Zhengzhou Commodity Exchange； As of May 23rd, 2020, duties for import cost beyond quotas are 50% due to the end of a safeguard on sugar imports. |
