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Import Cost for Brazil Sugar in China-8/1/2020

2020-01-09 www.mnk-9.com
Item Jan. 8 Jan. 7 Unit
ICE Most-active Contract 13.47 13.59 Cents/pound
Brz Raw Sugar Premiums -0.31 -0.3 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9296 6.9431 (CNY/USD)
Duty-paid Price within Quotas 3581 3615 yuan/tonne
       Price Spread with Shandong Sugar 2569 2535 yuan/tonne
       Price Spread with Guangxi Sugar 2159 2115 yuan/tonne
       Price Spread with Yunnan Sugar 2179 2145 yuan/tonne
       Price Spread with ZCE Contract* 2144 2105 yuan/tonne
Duty-paid Price beyond Quotas 5548 5603 yuan/tonne
       Price Spread with Shandong Sugar 602 547 yuan/tonne
       Price Spread with Guangxi Sugar 192 127 yuan/tonne
       Price Spread with Yunnan Sugar 212 157 yuan/tonne
       Price Spread with ZCE Contract 177 117 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange