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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0848 7.0688 (CNY/USD)
Duty-paid Price within Quotas 3391 3373 yuan/tonne
       Price Spread with Shandong Sugar 2409 2427 yuan/tonne
       Price Spread with Guangxi Sugar 2229 2267 yuan/tonne
       Price Spread with Yunnan Sugar 2109 2127 yuan/tonne
       Price Spread with ZCE Contract* 2044 2057 yuan/tonne
Duty-paid Price beyond Quotas 5242 5213 yuan/tonne
       Price Spread with Shandong Sugar 558 587 yuan/tonne
       Price Spread with Guangxi Sugar 378 427 yuan/tonne
       Price Spread with Yunnan Sugar 258 287 yuan/tonne
       Price Spread with ZCE Contract 193 217 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange