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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.49 1.85 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9922 6.9892 (CNY/USD)
Duty-paid Price within Quotas 4150 4250 yuan/tonne
       Price Spread with Shandong Sugar 2110 2010 yuan/tonne
       Price Spread with Guangxi Sugar 1690 1610 yuan/tonne
       Price Spread with Yunnan Sugar 1600 1530 yuan/tonne
       Price Spread with ZCE Contract* 1519 1507 yuan/tonne
Duty-paid Price beyond Quotas 6464 6624 yuan/tonne
       Price Spread with Shandong Sugar -204 -364 yuan/tonne
       Price Spread with Guangxi Sugar -624 -764 yuan/tonne
       Price Spread with Yunnan Sugar -714 -844 yuan/tonne
       Price Spread with ZCE Contract -795 -867 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange