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Import Cost for Brazil Sugar in China-4/16/2020

2020-04-17 www.cofeed.com
Item Apr. 16 Apr. 15 Unit
ICE Most-active Contract 10.33 10.28 Cents/pound
Brz Raw Sugar Premiums 0.04 0.04 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0848 7.0688 (CNY/USD)
Duty-paid Price within Quotas 3006 2989 yuan/tonne
       Price Spread with Shandong Sugar 2794 2811 yuan/tonne
       Price Spread with Guangxi Sugar 2614 2651 yuan/tonne
       Price Spread with Yunnan Sugar 2494 2511 yuan/tonne
       Price Spread with ZCE Contract* 2429 2441 yuan/tonne
Duty-paid Price beyond Quotas 4623 4596 yuan/tonne
       Price Spread with Shandong Sugar 1177 1204 yuan/tonne
       Price Spread with Guangxi Sugar 997 1044 yuan/tonne
       Price Spread with Yunnan Sugar 877 904 yuan/tonne
       Price Spread with ZCE Contract 812 834 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange