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Import Cost for Brazil Sugar in China-16/1/2020

2020-01-17 www.mnk-9.com
Item Jan. 16 Jan. 15 Unit
ICE Most-active Contract 14.38 14.52 Cents/pound
Brz Raw Sugar Premiums -0.18 -0.18 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.8784 6.891 (CNY/USD)
Duty-paid Price within Quotas 3782 3819 yuan/tonne
       Price Spread with Shandong Sugar 2518 2481 yuan/tonne
       Price Spread with Guangxi Sugar 2098 2041 yuan/tonne
       Price Spread with Yunnan Sugar 2028 1991 yuan/tonne
       Price Spread with ZCE Contract* 2078 2020 yuan/tonne
Duty-paid Price beyond Quotas 5872 5931 yuan/tonne
       Price Spread with Shandong Sugar 428 369 yuan/tonne
       Price Spread with Guangxi Sugar 8 -71 yuan/tonne
       Price Spread with Yunnan Sugar -62 -121 yuan/tonne
       Price Spread with ZCE Contract -12 -92 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange