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Import Cost for Thailand Sugar in China-4/15/2020

2020-04-16 www.cofeed.com
Item Apr. 15 Apr. 14 Unit
ICE Most-active Contract 10.28 10.25 cents/pound
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0688 7.046 (CNY/USD)
Duty-paid Price within Quotas 3373 3356 yuan/tonne
       Price Spread with Shandong Sugar 2427 2444 yuan/tonne
       Price Spread with Guangxi Sugar 2267 2304 yuan/tonne
       Price Spread with Yunnan Sugar 2127 2144 yuan/tonne
       Price Spread with ZCE Contract* 2057 2085 yuan/tonne
Duty-paid Price beyond Quotas 5213 5187 yuan/tonne
       Price Spread with Shandong Sugar 587 613 yuan/tonne
       Price Spread with Guangxi Sugar 427 473 yuan/tonne
       Price Spread with Yunnan Sugar 287 313 yuan/tonne
       Price Spread with ZCE Contract 217 254 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange