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Import Cost for Thailand Sugar in China-3/27/2020

2020-03-30 www.cofeed.com
Item Mar. 27 Mar. 26 Unit
ICE Most-active Contract 11.1 11.33 cents/pound
Thai Raw Sugar Premiums 2.52 2.42 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0849 7.0783 (CNY/USD)
Duty-paid Price within Quotas 3518 3544 yuan/tonne
       Price Spread with Shandong Sugar 2482 2456 yuan/tonne
       Price Spread with Guangxi Sugar 2212 2186 yuan/tonne
       Price Spread with Yunnan Sugar 2022 2016 yuan/tonne
       Price Spread with ZCE Contract* 1981 1947 yuan/tonne
Duty-paid Price beyond Quotas 5446 5488 yuan/tonne
       Price Spread with Shandong Sugar 554 512 yuan/tonne
       Price Spread with Guangxi Sugar 284 242 yuan/tonne
       Price Spread with Yunnan Sugar 94 72 yuan/tonne
       Price Spread with ZCE Contract 53 3 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange