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Import Cost for Brazil Sugar in China-4/8/2020

2020-04-09 www.cofeed.com
Item Apr. 8 Apr. 7 Unit
ICE Most-active Contract 10.37 10.38 Cents/pound
Brz Raw Sugar Premiums 0.17 0.17 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0668 7.0645 (CNY/USD)
Duty-paid Price within Quotas 3037 3038 yuan/tonne
       Price Spread with Shandong Sugar 2763 2762 yuan/tonne
       Price Spread with Guangxi Sugar 2623 2622 yuan/tonne
       Price Spread with Yunnan Sugar 2463 2462 yuan/tonne
       Price Spread with ZCE Contract* 2431 2409 yuan/tonne
Duty-paid Price beyond Quotas 4673 4675 yuan/tonne
       Price Spread with Shandong Sugar 1127 1125 yuan/tonne
       Price Spread with Guangxi Sugar 987 985 yuan/tonne
       Price Spread with Yunnan Sugar 827 825 yuan/tonne
       Price Spread with ZCE Contract 795 772 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange