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Import Cost for Brazil Sugar in China-9/1/2020

2020-01-10 www.mnk-9.com
Item Jan. 9 Jan. 8 Unit
ICE Most-active Contract 13.71 13.47 Cents/pound
Brz Raw Sugar Premiums -0.31 -0.31 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9264 6.9296 (CNY/USD)
Duty-paid Price within Quotas 3632 3581 yuan/tonne
       Price Spread with Shandong Sugar 2468 2569 yuan/tonne
       Price Spread with Guangxi Sugar 2108 2159 yuan/tonne
       Price Spread with Yunnan Sugar 2128 2179 yuan/tonne
       Price Spread with ZCE Contract* 2093 2144 yuan/tonne
Duty-paid Price beyond Quotas 5630 5548 yuan/tonne
       Price Spread with Shandong Sugar 470 602 yuan/tonne
       Price Spread with Guangxi Sugar 110 192 yuan/tonne
       Price Spread with Yunnan Sugar 130 212 yuan/tonne
       Price Spread with ZCE Contract 95 177 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange