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Import Cost for Brazil Sugar in China-3/25/2020

2020-03-26 www.cofeed.com
Item Mar. 25 Mar. 24 Unit
ICE Most-active Contract 11.41 11.27 Cents/pound
Brz Raw Sugar Premiums 0.24 0.24 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1238 7.0836 (CNY/USD)
Duty-paid Price within Quotas 3307 3260 yuan/tonne
       Price Spread with Shandong Sugar 2543 2590 yuan/tonne
       Price Spread with Guangxi Sugar 2423 2470 yuan/tonne
       Price Spread with Yunnan Sugar 2273 2320 yuan/tonne
       Price Spread with ZCE Contract* 2189 2236 yuan/tonne
Duty-paid Price beyond Quotas 5108 5031 yuan/tonne
       Price Spread with Shandong Sugar 742 819 yuan/tonne
       Price Spread with Guangxi Sugar 622 699 yuan/tonne
       Price Spread with Yunnan Sugar 472 549 yuan/tonne
       Price Spread with ZCE Contract 388 465 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange