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Import Cost for Thailand Sugar in China-3/19/2020

2020-03-20 www.cofeed.com
Item Mar. 19 Mar. 18 Unit
ICE Most-active Contract 10.59 10.67 cents/pound
Thai Raw Sugar Premiums 2.13 2.1 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1547 7.0726 (CNY/USD)
Duty-paid Price within Quotas 3346 3323 yuan/tonne
       Price Spread with Shandong Sugar 2554 2627 yuan/tonne
       Price Spread with Guangxi Sugar 2414 2467 yuan/tonne
       Price Spread with Yunnan Sugar 2244 2287 yuan/tonne
       Price Spread with ZCE Contract* 2141 2145 yuan/tonne
Duty-paid Price beyond Quotas 5170 5133 yuan/tonne
       Price Spread with Shandong Sugar 730 817 yuan/tonne
       Price Spread with Guangxi Sugar 590 657 yuan/tonne
       Price Spread with Yunnan Sugar 420 477 yuan/tonne
       Price Spread with ZCE Contract 317 335 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange