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Import Cost for Brazil Sugar in China-4/3/2020

2020-04-07 www.cofeed.com
Item Apr. 3 Apr. 2 Unit
ICE Most-active Contract 10.31 10.29 Cents/pound
Brz Raw Sugar Premiums 0.17 0.17 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1045 7.0908 (CNY/USD)
Duty-paid Price within Quotas 3038 3028 yuan/tonne
       Price Spread with Shandong Sugar 2762 2872 yuan/tonne
       Price Spread with Guangxi Sugar 2622 2652 yuan/tonne
       Price Spread with Yunnan Sugar 2472 2502 yuan/tonne
       Price Spread with ZCE Contract* 2404 2373 yuan/tonne
Duty-paid Price beyond Quotas 4674 4659 yuan/tonne
       Price Spread with Shandong Sugar 1126 1241 yuan/tonne
       Price Spread with Guangxi Sugar 986 1021 yuan/tonne
       Price Spread with Yunnan Sugar 836 871 yuan/tonne
       Price Spread with ZCE Contract 768 742 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange