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Import Cost for Brazil Sugar in China-4/21/2020

2020-04-22 www.cofeed.com
Item Apr. 21 Apr. 20 Unit
ICE Most-active Contract 10.01 10.26 Cents/pound
Brz Raw Sugar Premiums 0.05 0.05 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.1017 7.0895 (CNY/USD)
Duty-paid Price within Quotas 2943 2994 yuan/tonne
       Price Spread with Shandong Sugar 2857 2806 yuan/tonne
       Price Spread with Guangxi Sugar 2637 2586 yuan/tonne
       Price Spread with Yunnan Sugar 2527 2506 yuan/tonne
       Price Spread with ZCE Contract* 2419 2428 yuan/tonne
Duty-paid Price beyond Quotas 4522 4604 yuan/tonne
       Price Spread with Shandong Sugar 1278 1196 yuan/tonne
       Price Spread with Guangxi Sugar 1058 976 yuan/tonne
       Price Spread with Yunnan Sugar 948 896 yuan/tonne
       Price Spread with ZCE Contract 840 818 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange