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Import Cost for Brazil Sugar in China-3/20/2020

2020-03-23 www.cofeed.com
Item Mar. 20 Mar. 19 Unit
ICE Most-active Contract 10.91 10.59 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1222 7.1547 (CNY/USD)
Duty-paid Price within Quotas 3195 3135 yuan/tonne
       Price Spread with Shandong Sugar 2705 2765 yuan/tonne
       Price Spread with Guangxi Sugar 2535 2625 yuan/tonne
       Price Spread with Yunnan Sugar 2395 2455 yuan/tonne
       Price Spread with ZCE Contract* 2301 2352 yuan/tonne
Duty-paid Price beyond Quotas 4927 4831 yuan/tonne
       Price Spread with Shandong Sugar 973 1069 yuan/tonne
       Price Spread with Guangxi Sugar 803 929 yuan/tonne
       Price Spread with Yunnan Sugar 663 759 yuan/tonne
       Price Spread with ZCE Contract 569 656 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange