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Import Cost for Thailand Sugar in China-20/2/2020

2020-02-21 www.cofeed.com
Item Feb. 20 Feb. 19 Unit
ICE Most-active Contract 15.4 15.58 cents/pound
Thai Raw Sugar Premiums 1.49 1.49 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 7.0456 7.0132 (CNY/USD)
Duty-paid Price within Quotas 4255 4277 yuan/tonne
       Price Spread with Shandong Sugar 2005 1983 yuan/tonne
       Price Spread with Guangxi Sugar 1605 1583 yuan/tonne
       Price Spread with Yunnan Sugar 1505 1483 yuan/tonne
       Price Spread with ZCE Contract* 1521 1474 yuan/tonne
Duty-paid Price beyond Quotas 6632 6667 yuan/tonne
       Price Spread with Shandong Sugar -372 -407 yuan/tonne
       Price Spread with Guangxi Sugar -772 -807 yuan/tonne
       Price Spread with Yunnan Sugar -872 -907 yuan/tonne
       Price Spread with ZCE Contract -856 -916 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange