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Import Cost for Thailand Sugar in China-11/2/2020

2020-02-12 www.cofeed.com
Item Feb. 11 Feb. 10 Unit
ICE Most-active Contract 14.89 14.72 cents/pound
Thai Raw Sugar Premiums 1.89 1.89 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9733 6.9842 (CNY/USD)
Duty-paid Price within Quotas 4210 4159 yuan/tonne
       Price Spread with Shandong Sugar 2020 2071 yuan/tonne
       Price Spread with Guangxi Sugar 1650 1701 yuan/tonne
       Price Spread with Yunnan Sugar 1560 1611 yuan/tonne
       Price Spread with ZCE Contract* 1519 1592 yuan/tonne
Duty-paid Price beyond Quotas 6561 6478 yuan/tonne
       Price Spread with Shandong Sugar -331 -248 yuan/tonne
       Price Spread with Guangxi Sugar -701 -618 yuan/tonne
       Price Spread with Yunnan Sugar -791 -708 yuan/tonne
       Price Spread with ZCE Contract -832 -727 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange