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Import Cost for Brazil Sugar in China-14/2/2020

2020-02-17 www.cofeed.com
Item Feb. 14 Feb. 13 Unit
ICE Most-active Contract 15.06 15.16 Cents/pound
Brz Raw Sugar Premiums -0.08 -0.08 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9922 6.9892 (CNY/USD)
Duty-paid Price within Quotas 4010 4031 yuan/tonne
       Price Spread with Shandong Sugar 2250 2229 yuan/tonne
       Price Spread with Guangxi Sugar 1830 1829 yuan/tonne
       Price Spread with Yunnan Sugar 1740 1749 yuan/tonne
       Price Spread with ZCE Contract* 1659 1726 yuan/tonne
Duty-paid Price beyond Quotas 6239 6272 yuan/tonne
       Price Spread with Shandong Sugar 21 -12 yuan/tonne
       Price Spread with Guangxi Sugar -399 -412 yuan/tonne
       Price Spread with Yunnan Sugar -489 -492 yuan/tonne
       Price Spread with ZCE Contract -570 -515 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange