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Import Cost for Thailand Sugar in China-4/17/2020

2020-04-20 www.cofeed.com
Item Apr. 17 Apr. 16 Unit
ICE Most-active Contract 10.53 10.33 cents/pound
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0749 7.0848 (CNY/USD)
Duty-paid Price within Quotas 3431 3391 yuan/tonne
       Price Spread with Shandong Sugar 2369 2409 yuan/tonne
       Price Spread with Guangxi Sugar 2189 2229 yuan/tonne
       Price Spread with Yunnan Sugar 2069 2109 yuan/tonne
       Price Spread with ZCE Contract* 1989 2044 yuan/tonne
Duty-paid Price beyond Quotas 5307 5242 yuan/tonne
       Price Spread with Shandong Sugar 493 558 yuan/tonne
       Price Spread with Guangxi Sugar 313 378 yuan/tonne
       Price Spread with Yunnan Sugar 193 258 yuan/tonne
       Price Spread with ZCE Contract 113 193 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange