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Import Cost for Thailand Sugar in China-4/20/2020

2020-04-21 www.cofeed.com
Item Apr. 20 Apr. 17 Unit
ICE Most-active Contract 10.26 10.53 cents/pound
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0895 7.0749 (CNY/USD)
Duty-paid Price within Quotas 3377 3431 yuan/tonne
       Price Spread with Shandong Sugar 2423 2369 yuan/tonne
       Price Spread with Guangxi Sugar 2203 2189 yuan/tonne
       Price Spread with Yunnan Sugar 2123 2069 yuan/tonne
       Price Spread with ZCE Contract* 2045 1989 yuan/tonne
Duty-paid Price beyond Quotas 5220 5307 yuan/tonne
       Price Spread with Shandong Sugar 580 493 yuan/tonne
       Price Spread with Guangxi Sugar 360 313 yuan/tonne
       Price Spread with Yunnan Sugar 280 193 yuan/tonne
       Price Spread with ZCE Contract 202 113 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange