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Import Cost for Brazil Sugar in China-2/1/2020

2020-01-03 www.mnk-9.com
Item Jan. 2 Dec. 31 Unit
ICE Most-active Contract 13.13 13.42 Cents/pound
Brz Raw Sugar Premiums -0.35 -0.35 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9619 6.9602 (CNY/USD)
Duty-paid Price within Quotas 3512 3575 yuan/tonne
       Price Spread with Shandong Sugar 2508 2445 yuan/tonne
       Price Spread with Guangxi Sugar 2148 2085 yuan/tonne
       Price Spread with Yunnan Sugar 2208 2145 yuan/tonne
       Price Spread with ZCE Contract* 2064 2006 yuan/tonne
Duty-paid Price beyond Quotas 5438 5539 yuan/tonne
       Price Spread with Shandong Sugar 582 481 yuan/tonne
       Price Spread with Guangxi Sugar 222 121 yuan/tonne
       Price Spread with Yunnan Sugar 282 181 yuan/tonne
       Price Spread with ZCE Contract 138 42 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange