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Import Cost for Thailand Sugar in China-31/12/2019

2020-01-02 www.mnk-9.com
Item Dec. 31 Dec. 30 Unit
ICE Most-active Contract 13.42 13.53 cents/pound
Thai Raw Sugar Premiums 0.8 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.9602 6.9832 (CNY/USD)
Duty-paid Price within Quotas 3689 3724 yuan/tonne
       Price Spread with Shandong Sugar 2331 2296 yuan/tonne
       Price Spread with Guangxi Sugar 1971 1926 yuan/tonne
       Price Spread with Yunnan Sugar 2031 1996 yuan/tonne
       Price Spread with ZCE Contract* 1892 1876 yuan/tonne
Duty-paid Price beyond Quotas 5722 5779 yuan/tonne
       Price Spread with Shandong Sugar 298 241 yuan/tonne
       Price Spread with Guangxi Sugar -62 -129 yuan/tonne
       Price Spread with Yunnan Sugar -2 -59 yuan/tonne
       Price Spread with ZCE Contract -141 -179 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange