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Import Cost for Thailand Sugar in China-4/22/2020

2020-04-23 www.cofeed.com
Item Apr. 22 Apr. 21 Unit
ICE Most-active Contract 10.01 10.01 cents/pound
Thai Raw Sugar Premiums 2.8 2.72 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0981 7.1017 (CNY/USD)
Duty-paid Price within Quotas 3343 3326 yuan/tonne
       Price Spread with Shandong Sugar 2457 2474 yuan/tonne
       Price Spread with Guangxi Sugar 2237 2254 yuan/tonne
       Price Spread with Yunnan Sugar 2127 2144 yuan/tonne
       Price Spread with ZCE Contract* 1990 2036 yuan/tonne
Duty-paid Price beyond Quotas 5165 5138 yuan/tonne
       Price Spread with Shandong Sugar 635 662 yuan/tonne
       Price Spread with Guangxi Sugar 415 442 yuan/tonne
       Price Spread with Yunnan Sugar 305 332 yuan/tonne
       Price Spread with ZCE Contract 168 224 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange