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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.55 2.55 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1047 7.1045 (CNY/USD)
Duty-paid Price within Quotas 3388 3357 yuan/tonne
       Price Spread with Shandong Sugar 2412 2443 yuan/tonne
       Price Spread with Guangxi Sugar 2272 2303 yuan/tonne
       Price Spread with Yunnan Sugar 2122 2153 yuan/tonne
       Price Spread with ZCE Contract*   2085 yuan/tonne
Duty-paid Price beyond Quotas 5237 5187 yuan/tonne
       Price Spread with Shandong Sugar 563 613 yuan/tonne
       Price Spread with Guangxi Sugar 423 473 yuan/tonne
       Price Spread with Yunnan Sugar 273 323 yuan/tonne
       Price Spread with ZCE Contract   255 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange