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Import Cost for Thailand Sugar in China-4/23/2020

2020-04-24 www.cofeed.com
Item Apr. 23 Apr. 22 Unit
ICE Most-active Contract 10.01 10.01 cents/pound
Thai Raw Sugar Premiums 2.8 2.8 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0912 7.0981 (CNY/USD)
Duty-paid Price within Quotas 3340 3343 yuan/tonne
       Price Spread with Shandong Sugar 2460 2457 yuan/tonne
       Price Spread with Guangxi Sugar 2240 2237 yuan/tonne
       Price Spread with Yunnan Sugar 2110 2127 yuan/tonne
       Price Spread with ZCE Contract* 1998 1990 yuan/tonne
Duty-paid Price beyond Quotas 5160 5165 yuan/tonne
       Price Spread with Shandong Sugar 640 635 yuan/tonne
       Price Spread with Guangxi Sugar 420 415 yuan/tonne
       Price Spread with Yunnan Sugar 290 305 yuan/tonne
       Price Spread with ZCE Contract 178 168 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange