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Import Cost for Thailand Sugar in China-10/1/2020

2020-01-13 www.mnk-9.com
Item Jan. 10 Jan. 9 Unit
ICE Most-active Contract 14.07 13.71 cents/pound
Thai Raw Sugar Premiums 0.9 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.914 6.9264 (CNY/USD)
Duty-paid Price within Quotas 3831 3736 yuan/tonne
       Price Spread with Shandong Sugar 2299 2364 yuan/tonne
       Price Spread with Guangxi Sugar 1969 2004 yuan/tonne
       Price Spread with Yunnan Sugar 1949 2024 yuan/tonne
       Price Spread with ZCE Contract* 1958 1989 yuan/tonne
Duty-paid Price beyond Quotas 5949 5798 yuan/tonne
       Price Spread with Shandong Sugar 181 302 yuan/tonne
       Price Spread with Guangxi Sugar -149 -58 yuan/tonne
       Price Spread with Yunnan Sugar -169 -38 yuan/tonne
       Price Spread with ZCE Contract -160 -73 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange