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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.046 7.0508 (CNY/USD)
Duty-paid Price within Quotas 3356 3341 yuan/tonne
       Price Spread with Shandong Sugar 2444 2459 yuan/tonne
       Price Spread with Guangxi Sugar 2304 2319 yuan/tonne
       Price Spread with Yunnan Sugar 2144 2159 yuan/tonne
       Price Spread with ZCE Contract* 2085 2106 yuan/tonne
Duty-paid Price beyond Quotas 5187 5161 yuan/tonne
       Price Spread with Shandong Sugar 613 639 yuan/tonne
       Price Spread with Guangxi Sugar 473 499 yuan/tonne
       Price Spread with Yunnan Sugar 313 339 yuan/tonne
       Price Spread with ZCE Contract 254 286 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange