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Import Cost for Brazil Sugar in China-4/6/2020

2020-04-07 www.cofeed.com
Item Apr. 6 Apr. 3 Unit
ICE Most-active Contract 10.45 10.31 Cents/pound
Brz Raw Sugar Premiums 0.17 0.17 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1047 7.1045 (CNY/USD)
Duty-paid Price within Quotas 3069 3038 yuan/tonne
       Price Spread with Shandong Sugar 2731 2762 yuan/tonne
       Price Spread with Guangxi Sugar 2591 2622 yuan/tonne
       Price Spread with Yunnan Sugar 2441 2472 yuan/tonne
       Price Spread with ZCE Contract*   2404 yuan/tonne
Duty-paid Price beyond Quotas 4725 4674 yuan/tonne
       Price Spread with Shandong Sugar 1075 1126 yuan/tonne
       Price Spread with Guangxi Sugar 935 986 yuan/tonne
       Price Spread with Yunnan Sugar 785 836 yuan/tonne
       Price Spread with ZCE Contract   768 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange