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Import Cost for Thailand Sugar in China-3/30/2020

2020-03-31 www.cofeed.com
Item Mar. 30 Mar. 27 Unit
ICE Most-active Contract 10.73 11.1 cents/pound
Thai Raw Sugar Premiums 2.55 2.52 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1069 7.0849 (CNY/USD)
Duty-paid Price within Quotas 3452 3518 yuan/tonne
       Price Spread with Shandong Sugar 2548 2482 yuan/tonne
       Price Spread with Guangxi Sugar 2278 2212 yuan/tonne
       Price Spread with Yunnan Sugar 2078 2022 yuan/tonne
       Price Spread with ZCE Contract* 2072 1981 yuan/tonne
Duty-paid Price beyond Quotas 5340 5446 yuan/tonne
       Price Spread with Shandong Sugar 660 554 yuan/tonne
       Price Spread with Guangxi Sugar 390 284 yuan/tonne
       Price Spread with Yunnan Sugar 190 94 yuan/tonne
       Price Spread with ZCE Contract 184 53 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange