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Import Cost for Thailand 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
Thai Raw Sugar Premiums 0.8 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.9296 6.9431 (CNY/USD)
Duty-paid Price within Quotas 3686 3718 yuan/tonne
       Price Spread with Shandong Sugar 2464 2432 yuan/tonne
       Price Spread with Guangxi Sugar 2054 2012 yuan/tonne
       Price Spread with Yunnan Sugar 2074 2042 yuan/tonne
       Price Spread with ZCE Contract* 2039 2002 yuan/tonne
Duty-paid Price beyond Quotas 5716 5769 yuan/tonne
       Price Spread with Shandong Sugar 434 381 yuan/tonne
       Price Spread with Guangxi Sugar 24 -39 yuan/tonne
       Price Spread with Yunnan Sugar 44 -9 yuan/tonne
       Price Spread with ZCE Contract 9 -49 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange