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Import Cost for Thailand Sugar in China-14/1/2020

2020-01-15 www.mnk-9.com
Item Jan. 14 Jan. 13 Unit
ICE Most-active Contract 14.32 14.16 cents/pound
Thai Raw Sugar Premiums 1.07 0.92 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.8892 6.8798 (CNY/USD)
Duty-paid Price within Quotas 3909 3837 yuan/tonne
       Price Spread with Shandong Sugar 2391 2293 yuan/tonne
       Price Spread with Guangxi Sugar 1971 2043 yuan/tonne
       Price Spread with Yunnan Sugar 1901 1973 yuan/tonne
       Price Spread with ZCE Contract* 1953 2003 yuan/tonne
Duty-paid Price beyond Quotas 6076 5960 yuan/tonne
       Price Spread with Shandong Sugar 224 170 yuan/tonne
       Price Spread with Guangxi Sugar -196 -80 yuan/tonne
       Price Spread with Yunnan Sugar -266 -150 yuan/tonne
       Price Spread with ZCE Contract -214 -120 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange