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Import Cost for Thailand Sugar in China-13/2/2020

2020-02-14 www.cofeed.com
Item Feb. 13 Feb. 12 Unit
ICE Most-active Contract 15.16 15.78 cents/pound
Thai Raw Sugar Premiums 1.85 1.85 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9892 6.9722 (CNY/USD)
Duty-paid Price within Quotas 4250 4377 yuan/tonne
       Price Spread with Shandong Sugar 2010 1883 yuan/tonne
       Price Spread with Guangxi Sugar 1610 1483 yuan/tonne
       Price Spread with Yunnan Sugar 1530 1393 yuan/tonne
       Price Spread with ZCE Contract* 1507 1394 yuan/tonne
Duty-paid Price beyond Quotas 6624 6828 yuan/tonne
       Price Spread with Shandong Sugar -364 -568 yuan/tonne
       Price Spread with Guangxi Sugar -764 -968 yuan/tonne
       Price Spread with Yunnan Sugar -844 -1058 yuan/tonne
       Price Spread with ZCE Contract -867 -1057 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange