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Import Cost for Thailand Sugar in China-13/1/2020

2020-01-14 www.mnk-9.com
Item Jan. 13 Jan. 10 Unit
ICE Most-active Contract 14.16 14.07 cents/pound
Thai Raw Sugar Premiums 0.92 0.9 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.8798 6.914 (CNY/USD)
Duty-paid Price within Quotas 3837 3831 yuan/tonne
       Price Spread with Shandong Sugar 2293 2299 yuan/tonne
       Price Spread with Guangxi Sugar 2043 1969 yuan/tonne
       Price Spread with Yunnan Sugar 1973 1949 yuan/tonne
       Price Spread with ZCE Contract* 2003 1958 yuan/tonne
Duty-paid Price beyond Quotas 5960 5949 yuan/tonne
       Price Spread with Shandong Sugar 170 181 yuan/tonne
       Price Spread with Guangxi Sugar -80 -149 yuan/tonne
       Price Spread with Yunnan Sugar -150 -169 yuan/tonne
       Price Spread with ZCE Contract -120 -160 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange