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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1045 7.0908 (CNY/USD)
Duty-paid Price within Quotas 3357 3346 yuan/tonne
       Price Spread with Shandong Sugar 2443 2554 yuan/tonne
       Price Spread with Guangxi Sugar 2303 2334 yuan/tonne
       Price Spread with Yunnan Sugar 2153 2184 yuan/tonne
       Price Spread with ZCE Contract* 2085 2055 yuan/tonne
Duty-paid Price beyond Quotas 5187 5170 yuan/tonne
       Price Spread with Shandong Sugar 613 730 yuan/tonne
       Price Spread with Guangxi Sugar 473 510 yuan/tonne
       Price Spread with Yunnan Sugar 323 360 yuan/tonne
       Price Spread with ZCE Contract 255 231 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange