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Import Cost for Brazil Sugar in China-4/1/2020

2020-04-02 www.cofeed.com
Item Apr. 1 Mar. 31 Unit
ICE Most-active Contract 10.04 10.42 Cents/pound
Brz Raw Sugar Premiums 0.19 0.21 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1212 7.0924 (CNY/USD)
Duty-paid Price within Quotas 2988 3067 yuan/tonne
       Price Spread with Shandong Sugar 3012 2933 yuan/tonne
       Price Spread with Guangxi Sugar 2712 2663 yuan/tonne
       Price Spread with Yunnan Sugar 2542 2463 yuan/tonne
       Price Spread with ZCE Contract* 2417 2462 yuan/tonne
Duty-paid Price beyond Quotas 4594 4721 yuan/tonne
       Price Spread with Shandong Sugar 1406 1279 yuan/tonne
       Price Spread with Guangxi Sugar 1106 1009 yuan/tonne
       Price Spread with Yunnan Sugar 936 809 yuan/tonne
       Price Spread with ZCE Contract 811 808 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange