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Import Cost for Thailand Sugar in China-2/4/2020

2020-02-05 www.cofeed.com
Item Feb. 4 Feb. 3 Unit
ICE Most-active Contract 14.65 14.91 cents/pound
Thai Raw Sugar Premiums 1.67 1.67 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0021 6.9908 (CNY/USD)
Duty-paid Price within Quotas 4105 4156 yuan/tonne
   Price Spread with Shandong Sugar 2125 2074 yuan/tonne
 Price Spread with Guangxi Sugar 1735 1684 yuan/tonne
Price Spread with Yunnan Sugar 1645 1594 yuan/tonne
Price Spread with ZCE Contract* 1575 1325 yuan/tonne
Duty-paid Price beyond Quotas 6391 6473 yuan/tonne
   Price Spread with Shandong Sugar -161 -243 yuan/tonne
 Price Spread with Guangxi Sugar -551 -633 yuan/tonne
Price Spread with Yunnan Sugar -641 -723 yuan/tonne
Price Spread with ZCE Contract -711 -992 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange