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Import Cost for Thailand 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
Thai Raw Sugar Premiums 0.8 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.9619 6.9602 (CNY/USD)
Duty-paid Price within Quotas 3627 3689 yuan/tonne
       Price Spread with Shandong Sugar 2393 2331 yuan/tonne
       Price Spread with Guangxi Sugar 2033 1971 yuan/tonne
       Price Spread with Yunnan Sugar 2093 2031 yuan/tonne
       Price Spread with ZCE Contract* 1949 1892 yuan/tonne
Duty-paid Price beyond Quotas 5621 5722 yuan/tonne
       Price Spread with Shandong Sugar 399 298 yuan/tonne
       Price Spread with Guangxi Sugar 39 -62 yuan/tonne
       Price Spread with Yunnan Sugar 99 -2 yuan/tonne
       Price Spread with ZCE Contract -45 -141 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange