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Import Cost for Thailand Sugar in China-6/1/2020

2020-01-07 www.mnk-9.com
Item Jan. 6 Jan. 3 Unit
ICE Most-active Contract 13.73 13.31 cents/pound
Thai Raw Sugar Premiums 0.8 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.9707 6.9647 (CNY/USD)
Duty-paid Price within Quotas 3762 3667 yuan/tonne
       Price Spread with Shandong Sugar 2258 2353 yuan/tonne
       Price Spread with Guangxi Sugar 1858 1993 yuan/tonne
       Price Spread with Yunnan Sugar 1948 2053 yuan/tonne
       Price Spread with ZCE Contract* 1807 1905 yuan/tonne
Duty-paid Price beyond Quotas 5840 5687 yuan/tonne
       Price Spread with Shandong Sugar 180 333 yuan/tonne
       Price Spread with Guangxi Sugar -220 -27 yuan/tonne
       Price Spread with Yunnan Sugar -130 33 yuan/tonne
       Price Spread with ZCE Contract -271 -115 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange