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Import Cost for Brazil Sugar in China-7/1/2020

2020-01-08 www.mnk-9.com
Item Jan. 7 Jan. 6 Unit
ICE Most-active Contract 13.59 13.73 Cents/pound
Brz Raw Sugar Premiums -0.3 -0.31 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9431 6.9707 (CNY/USD)
Duty-paid Price within Quotas 3615 3657 yuan/tonne
       Price Spread with Shandong Sugar 2535 2363 yuan/tonne
       Price Spread with Guangxi Sugar 2115 1963 yuan/tonne
       Price Spread with Yunnan Sugar 2145 2053 yuan/tonne
       Price Spread with ZCE Contract* 2105 1912 yuan/tonne
Duty-paid Price beyond Quotas 5603 5670 yuan/tonne
       Price Spread with Shandong Sugar 547 350 yuan/tonne
       Price Spread with Guangxi Sugar 127 -50 yuan/tonne
       Price Spread with Yunnan Sugar 157 40 yuan/tonne
       Price Spread with ZCE Contract 117 -101 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange