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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1212 7.0924 (CNY/USD)
Duty-paid Price within Quotas 3303 3376 yuan/tonne
       Price Spread with Shandong Sugar 2697 2624 yuan/tonne
       Price Spread with Guangxi Sugar 2397 2354 yuan/tonne
       Price Spread with Yunnan Sugar 2227 2154 yuan/tonne
       Price Spread with ZCE Contract* 2102 2153 yuan/tonne
Duty-paid Price beyond Quotas 5101 5218 yuan/tonne
       Price Spread with Shandong Sugar 899 782 yuan/tonne
       Price Spread with Guangxi Sugar 599 512 yuan/tonne
       Price Spread with Yunnan Sugar 429 312 yuan/tonne
       Price Spread with ZCE Contract 304 311 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange