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Import Cost for Brazil Sugar in China-3/1/2020

2020-01-06 www.mnk-9.com
Item Jan. 3 Jan. 2 Unit
ICE Most-active Contract 13.31 13.13 Cents/pound
Brz Raw Sugar Premiums -0.35 -0.35 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9647 6.9619 (CNY/USD)
Duty-paid Price within Quotas 3553 3512 yuan/tonne
       Price Spread with Shandong Sugar 2467 2508 yuan/tonne
       Price Spread with Guangxi Sugar 2107 2148 yuan/tonne
       Price Spread with Yunnan Sugar 2167 2208 yuan/tonne
       Price Spread with ZCE Contract* 2019 2064 yuan/tonne
Duty-paid Price beyond Quotas 5503 5438 yuan/tonne
       Price Spread with Shandong Sugar 517 582 yuan/tonne
       Price Spread with Guangxi Sugar 157 222 yuan/tonne
       Price Spread with Yunnan Sugar 217 282 yuan/tonne
       Price Spread with ZCE Contract 69 138 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange