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Import Cost for Thailand Sugar in China-7/2/2020

2020-02-10 www.cofeed.com
Item Feb. 7 Feb. 6 Unit
ICE Most-active Contract 14.73 14.76 cents/pound
Thai Raw Sugar Premiums 2.16 2.16 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0053 6.9732 (CNY/USD)
Duty-paid Price within Quotas 4232 4221 yuan/tonne
       Price Spread with Shandong Sugar 1998 2009 yuan/tonne
       Price Spread with Guangxi Sugar 1618 1629 yuan/tonne
       Price Spread with Yunnan Sugar 1528 1539 yuan/tonne
       Price Spread with ZCE Contract* 1541 1544 yuan/tonne
Duty-paid Price beyond Quotas 6596 6578 yuan/tonne
       Price Spread with Shandong Sugar -366 -348 yuan/tonne
       Price Spread with Guangxi Sugar -746 -728 yuan/tonne
       Price Spread with Yunnan Sugar -836 -818 yuan/tonne
       Price Spread with ZCE Contract -823 -813 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange