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Import Cost for Thailand Sugar in China-3/26/2020

2020-03-27 www.cofeed.com
Item Mar. 26 Mar. 25 Unit
ICE Most-active Contract 11.33 11.41 cents/pound
Thai Raw Sugar Premiums 2.42 2.35 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0783 7.1238 (CNY/USD)
Duty-paid Price within Quotas 3544 3566 yuan/tonne
       Price Spread with Shandong Sugar 2456 2284 yuan/tonne
       Price Spread with Guangxi Sugar 2186 2164 yuan/tonne
       Price Spread with Yunnan Sugar 2016 2014 yuan/tonne
       Price Spread with ZCE Contract* 1947 1930 yuan/tonne
Duty-paid Price beyond Quotas 5488 5525 yuan/tonne
       Price Spread with Shandong Sugar 512 325 yuan/tonne
       Price Spread with Guangxi Sugar 242 205 yuan/tonne
       Price Spread with Yunnan Sugar 72 55 yuan/tonne
       Price Spread with ZCE Contract 3 -29 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange