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Import Cost for Thailand 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
Thai Raw Sugar Premiums 2.72 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.1017 7.0895 (CNY/USD)
Duty-paid Price within Quotas 3326 3377 yuan/tonne
       Price Spread with Shandong Sugar 2474 2423 yuan/tonne
       Price Spread with Guangxi Sugar 2254 2203 yuan/tonne
       Price Spread with Yunnan Sugar 2144 2123 yuan/tonne
       Price Spread with ZCE Contract* 2036 2045 yuan/tonne
Duty-paid Price beyond Quotas 5138 5220 yuan/tonne
       Price Spread with Shandong Sugar 662 580 yuan/tonne
       Price Spread with Guangxi Sugar 442 360 yuan/tonne
       Price Spread with Yunnan Sugar 332 280 yuan/tonne
       Price Spread with ZCE Contract 224 202 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange