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Import Cost for Brazil Sugar in China-3/23/2020

2020-03-24 www.cofeed.com
Item Mar. 23 Mar. 20 Unit
ICE Most-active Contract 11.04 10.91 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1176 7.1222 (CNY/USD)
Duty-paid Price within Quotas 3222 3195 yuan/tonne
       Price Spread with Shandong Sugar 2628 2705 yuan/tonne
       Price Spread with Guangxi Sugar 2508 2535 yuan/tonne
       Price Spread with Yunnan Sugar 2358 2395 yuan/tonne
       Price Spread with ZCE Contract* 2289 2301 yuan/tonne
Duty-paid Price beyond Quotas 4970 4927 yuan/tonne
       Price Spread with Shandong Sugar 880 973 yuan/tonne
       Price Spread with Guangxi Sugar 760 803 yuan/tonne
       Price Spread with Yunnan Sugar 610 663 yuan/tonne
       Price Spread with ZCE Contract 541 569 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange