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Import Cost for Thailand Sugar in China-4/2/2020

2020-04-03 www.cofeed.com
Item Apr. 2 Apr. 1 Unit
ICE Most-active Contract 10.29 10.04 cents/pound
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0908 7.1212 (CNY/USD)
Duty-paid Price within Quotas 3346 3303 yuan/tonne
       Price Spread with Shandong Sugar 2554 2697 yuan/tonne
       Price Spread with Guangxi Sugar 2334 2397 yuan/tonne
       Price Spread with Yunnan Sugar 2184 2227 yuan/tonne
       Price Spread with ZCE Contract* 2055 2102 yuan/tonne
Duty-paid Price beyond Quotas 5170 5101 yuan/tonne
       Price Spread with Shandong Sugar 730 899 yuan/tonne
       Price Spread with Guangxi Sugar 510 599 yuan/tonne
       Price Spread with Yunnan Sugar 360 429 yuan/tonne
       Price Spread with ZCE Contract 231 304 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange