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Import Cost for Brazil Sugar in China-12/3/2020

2020-03-13 www.mnk-9.com
Item Mar. 12 Mar. 11 Unit
ICE Most-active Contract 11.62 12.26 Cents/pound
Brz Raw Sugar Premiums 0.24 0.11 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0244 6.9679 (CNY/USD)
Duty-paid Price within Quotas 3313 3401 yuan/tonne
       Price Spread with Shandong Sugar 2707 2769 yuan/tonne
       Price Spread with Guangxi Sugar 2477 2429 yuan/tonne
       Price Spread with Yunnan Sugar 2337 2269 yuan/tonne
       Price Spread with ZCE Contract* 2235 2224 yuan/tonne
Duty-paid Price beyond Quotas 5117 5259 yuan/tonne
       Price Spread with Shandong Sugar 903 911 yuan/tonne
       Price Spread with Guangxi Sugar 673 571 yuan/tonne
       Price Spread with Yunnan Sugar 533 411 yuan/tonne
       Price Spread with ZCE Contract 431 366 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange