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Import Cost for Thailand Sugar in China-2/3/2020

2020-03-03 www.mnk-9.com
Item Mar. 2 Feb. 28 Unit
ICE Most-active Contract 13.81 14.14 cents/pound
Thai Raw Sugar Premiums 1.32 1.32 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9622 6.9768 (CNY/USD)
Duty-paid Price within Quotas 3823 3903 yuan/tonne
       Price Spread with Shandong Sugar 2437 2357 yuan/tonne
       Price Spread with Guangxi Sugar 2037 1947 yuan/tonne
       Price Spread with Yunnan Sugar 1927 1847 yuan/tonne
       Price Spread with ZCE Contract* 1927 1761 yuan/tonne
Duty-paid Price beyond Quotas 5937 6066 yuan/tonne
       Price Spread with Shandong Sugar 323 194 yuan/tonne
       Price Spread with Guangxi Sugar -77 -216 yuan/tonne
       Price Spread with Yunnan Sugar -187 -316 yuan/tonne
       Price Spread with ZCE Contract -187 -402 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange