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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.35 2.35 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1176 7.1222 (CNY/USD)
Duty-paid Price within Quotas 3481 3454 yuan/tonne
       Price Spread with Shandong Sugar 2369 2446 yuan/tonne
       Price Spread with Guangxi Sugar 2249 2276 yuan/tonne
       Price Spread with Yunnan Sugar 2099 2136 yuan/tonne
       Price Spread with ZCE Contract* 2030 2042 yuan/tonne
Duty-paid Price beyond Quotas 5387 5343 yuan/tonne
       Price Spread with Shandong Sugar 463 557 yuan/tonne
       Price Spread with Guangxi Sugar 343 387 yuan/tonne
       Price Spread with Yunnan Sugar 193 247 yuan/tonne
       Price Spread with ZCE Contract 124 153 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange