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Import Cost for Thailand Sugar in China-24/2/2020

2020-02-25 www.mnk-9.com
Item Feb. 24 Feb. 21 Unit
ICE Most-active Contract 14.73 15.12 cents/pound
Thai Raw Sugar Premiums 1.49 1.49 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0364 7.0362 (CNY/USD)
Duty-paid Price within Quotas 4101 4187 yuan/tonne
       Price Spread with Shandong Sugar 2159 2113 yuan/tonne
       Price Spread with Guangxi Sugar 1759 1673 yuan/tonne
       Price Spread with Yunnan Sugar 1679 1573 yuan/tonne
       Price Spread with ZCE Contract* 1721 1587 yuan/tonne
Duty-paid Price beyond Quotas 6385 6524 yuan/tonne
       Price Spread with Shandong Sugar -125 -224 yuan/tonne
       Price Spread with Guangxi Sugar -525 -664 yuan/tonne
       Price Spread with Yunnan Sugar -605 -764 yuan/tonne
       Price Spread with ZCE Contract -563 -750 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange