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Import Cost for Thailand Sugar in China-4/13/2020

2020-04-14 www.cofeed.com
Item Apr. 13 Apr. 9 Unit
ICE Most-active Contract 10.17 10.43 cents/pound
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0508 7.0592 (CNY/USD)
Duty-paid Price within Quotas 3341 3402 yuan/tonne
       Price Spread with Shandong Sugar 2459 2398 yuan/tonne
       Price Spread with Guangxi Sugar 2319 2258 yuan/tonne
       Price Spread with Yunnan Sugar 2159 2098 yuan/tonne
       Price Spread with ZCE Contract* 2106 2048 yuan/tonne
Duty-paid Price beyond Quotas 5161 5260 yuan/tonne
       Price Spread with Shandong Sugar 639 540 yuan/tonne
       Price Spread with Guangxi Sugar 499 400 yuan/tonne
       Price Spread with Yunnan Sugar 339 240 yuan/tonne
       Price Spread with ZCE Contract 286 190 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange