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Import Cost for Thailand 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
Thai Raw Sugar Premiums 0.8 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.9264 6.9296 (CNY/USD)
Duty-paid Price within Quotas 3736 3686 yuan/tonne
       Price Spread with Shandong Sugar 2364 2464 yuan/tonne
       Price Spread with Guangxi Sugar 2004 2054 yuan/tonne
       Price Spread with Yunnan Sugar 2024 2074 yuan/tonne
       Price Spread with ZCE Contract* 1989 2039 yuan/tonne
Duty-paid Price beyond Quotas 5798 5716 yuan/tonne
       Price Spread with Shandong Sugar 302 434 yuan/tonne
       Price Spread with Guangxi Sugar -58 24 yuan/tonne
       Price Spread with Yunnan Sugar -38 44 yuan/tonne
       Price Spread with ZCE Contract -73 9 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange