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Import Cost for Thailand Sugar in China-10/2/2020

2020-02-11 www.cofeed.com
Item Feb. 10 Feb. 7 Unit
ICE Most-active Contract 14.72 14.73 cents/pound
Thai Raw Sugar Premiums 1.89 2.16 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9842 7.0053 (CNY/USD)
Duty-paid Price within Quotas 4159 4232 yuan/tonne
       Price Spread with Shandong Sugar 2071 1998 yuan/tonne
       Price Spread with Guangxi Sugar 1701 1618 yuan/tonne
       Price Spread with Yunnan Sugar 1611 1528 yuan/tonne
       Price Spread with ZCE Contract* 1592 1541 yuan/tonne
Duty-paid Price beyond Quotas 6478 6596 yuan/tonne
       Price Spread with Shandong Sugar -248 -366 yuan/tonne
       Price Spread with Guangxi Sugar -618 -746 yuan/tonne
       Price Spread with Yunnan Sugar -708 -836 yuan/tonne
       Price Spread with ZCE Contract -727 -823 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange