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Import Cost for Brazil Sugar in China-7/2/2020

2020-02-10 www.mnk-9.com
Item Feb. 7 Feb. 6 Unit
ICE Most-active Contract 14.73 14.76 Cents/pound
Brz Raw Sugar Premiums -0.11 -0.11 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 7.0053 6.9732 (CNY/USD)
Duty-paid Price within Quotas 3938 3928 yuan/tonne
       Price Spread with Shandong Sugar 2292 2302 yuan/tonne
       Price Spread with Guangxi Sugar 1912 1922 yuan/tonne
       Price Spread with Yunnan Sugar 1822 1832 yuan/tonne
       Price Spread with ZCE Contract* 1835 1837 yuan/tonne
Duty-paid Price beyond Quotas 6122 6106 yuan/tonne
       Price Spread with Shandong Sugar 108 124 yuan/tonne
       Price Spread with Guangxi Sugar -272 -256 yuan/tonne
       Price Spread with Yunnan Sugar -362 -346 yuan/tonne
       Price Spread with ZCE Contract -349 -341 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange