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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.35 2.35 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0836 7.1176 (CNY/USD)
Duty-paid Price within Quotas 3517 3481 yuan/tonne
       Price Spread with Shandong Sugar 2333 2369 yuan/tonne
       Price Spread with Guangxi Sugar 2213 2249 yuan/tonne
       Price Spread with Yunnan Sugar 2063 2099 yuan/tonne
       Price Spread with ZCE Contract* 1979 2030 yuan/tonne
Duty-paid Price beyond Quotas 5445 5387 yuan/tonne
       Price Spread with Shandong Sugar 405 463 yuan/tonne
       Price Spread with Guangxi Sugar 285 343 yuan/tonne
       Price Spread with Yunnan Sugar 135 193 yuan/tonne
       Price Spread with ZCE Contract 51 124 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange