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Import Cost for Brazil Sugar in China-4/9/2020

2020-04-10 www.cofeed.com
Item Apr. 9 Apr. 8 Unit
ICE Most-active Contract 10.43 10.37 Cents/pound
Brz Raw Sugar Premiums 0.14 0.17 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0592 7.0668 (CNY/USD)
Duty-paid Price within Quotas 3041 3037 yuan/tonne
       Price Spread with Shandong Sugar 2759 2763 yuan/tonne
       Price Spread with Guangxi Sugar 2619 2623 yuan/tonne
       Price Spread with Yunnan Sugar 2459 2463 yuan/tonne
       Price Spread with ZCE Contract* 2409 2431 yuan/tonne
Duty-paid Price beyond Quotas 4679 4673 yuan/tonne
       Price Spread with Shandong Sugar 1121 1127 yuan/tonne
       Price Spread with Guangxi Sugar 981 987 yuan/tonne
       Price Spread with Yunnan Sugar 821 827 yuan/tonne
       Price Spread with ZCE Contract 771 795 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange