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Import Cost for Brazil Sugar in China-4/14/2020

2020-04-15 www.cofeed.com
Item Apr. 14 Apr. 13 Unit
ICE Most-active Contract 10.25 10.17 Cents/pound
Brz Raw Sugar Premiums 0.09 0.09 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.046 7.0508 (CNY/USD)
Duty-paid Price within Quotas 2985 2969 yuan/tonne
       Price Spread with Shandong Sugar 2815 2831 yuan/tonne
       Price Spread with Guangxi Sugar 2675 2691 yuan/tonne
       Price Spread with Yunnan Sugar 2515 2531 yuan/tonne
       Price Spread with ZCE Contract* 2456 2478 yuan/tonne
Duty-paid Price beyond Quotas 4589 4563 yuan/tonne
       Price Spread with Shandong Sugar 1211 1237 yuan/tonne
       Price Spread with Guangxi Sugar 1071 1097 yuan/tonne
       Price Spread with Yunnan Sugar 911 937 yuan/tonne
       Price Spread with ZCE Contract 852 884 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange