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Import Cost for Brazil Sugar in China-27/2/2020

2020-02-28 www.mnk-9.com
Item Feb. 27 Feb. 26 Unit
ICE Most-active Contract 14.2 14.54 Cents/pound
Brz Raw Sugar Premiums -0.16 -0.16 Cents/pound
Brz Sugar Freight 27.75 27.75 USD/tonne
Exchange Rate 7.0086 7.0223 (CNY/USD)
Duty-paid Price within Quotas 3747 3829 yuan/tonne
       Price Spread with Shandong Sugar 2513 2431 yuan/tonne
       Price Spread with Guangxi Sugar 2113 2031 yuan/tonne
       Price Spread with Yunnan Sugar 2023 1951 yuan/tonne
       Price Spread with ZCE Contract* 1988 1905 yuan/tonne
Duty-paid Price beyond Quotas 5815 5946 yuan/tonne
       Price Spread with Shandong Sugar 445 314 yuan/tonne
       Price Spread with Guangxi Sugar 45 -86 yuan/tonne
       Price Spread with Yunnan Sugar -45 -166 yuan/tonne
       Price Spread with ZCE Contract -80 -212 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange