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Import Cost for Thailand Sugar in China-4/24/2020

2020-04-26 www.cofeed.com
Item Apr. 24 Apr. 23 Unit
ICE Most-active Contract 9.81 10.01 cents/pound
Thai Raw Sugar Premiums 2.8 2.8 cents/pound
Thai Sugar Freight 10 10 USD/tonne
Exchange Rate 7.0865 7.0912 (CNY/USD)
Duty-paid Price within Quotas 3293 3340 yuan/tonne
       Price Spread with Shandong Sugar 2457 2460 yuan/tonne
       Price Spread with Guangxi Sugar 2257 2240 yuan/tonne
       Price Spread with Yunnan Sugar 2157 2110 yuan/tonne
       Price Spread with ZCE Contract* 2007 1998 yuan/tonne
Duty-paid Price beyond Quotas 5085 5160 yuan/tonne
       Price Spread with Shandong Sugar 665 640 yuan/tonne
       Price Spread with Guangxi Sugar 465 420 yuan/tonne
       Price Spread with Yunnan Sugar 365 290 yuan/tonne
       Price Spread with ZCE Contract 215 178 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange