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Import Cost for Brazil Sugar in China-3/24/2020

2020-03-25 www.cofeed.com
Item Mar. 24 Mar. 23 Unit
ICE Most-active Contract 11.27 11.04 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0836 7.1176 (CNY/USD)
Duty-paid Price within Quotas 3260 3222 yuan/tonne
       Price Spread with Shandong Sugar 2590 2628 yuan/tonne
       Price Spread with Guangxi Sugar 2470 2508 yuan/tonne
       Price Spread with Yunnan Sugar 2320 2358 yuan/tonne
       Price Spread with ZCE Contract* 2236 2289 yuan/tonne
Duty-paid Price beyond Quotas 5031 4970 yuan/tonne
       Price Spread with Shandong Sugar 819 880 yuan/tonne
       Price Spread with Guangxi Sugar 699 760 yuan/tonne
       Price Spread with Yunnan Sugar 549 610 yuan/tonne
       Price Spread with ZCE Contract 465 541 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange