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Import Cost for Brazil Sugar in China-4/27/2020

2020-04-28 www.cofeed.com
Item Apr. 27 Apr. 24 Unit
ICE Most-active Contract 9.38 9.81 Cents/pound
Brz Raw Sugar Premiums 0.06 0.05 Cents/pound
Brz Sugar Freight 23.25 23.25 USD/tonne
Exchange Rate 7.0912 7.0865 (CNY/USD)
Duty-paid Price within Quotas 2716 2808 yuan/tonne
       Price Spread with Shandong Sugar 2984 2942 yuan/tonne
       Price Spread with Guangxi Sugar 2774 2742 yuan/tonne
       Price Spread with Yunnan Sugar 2664 2642 yuan/tonne
       Price Spread with ZCE Contract* 2483 2492 yuan/tonne
Duty-paid Price beyond Quotas 4156 4305 yuan/tonne
       Price Spread with Shandong Sugar 1544 1445 yuan/tonne
       Price Spread with Guangxi Sugar 1334 1245 yuan/tonne
       Price Spread with Yunnan Sugar 1224 1145 yuan/tonne
       Price Spread with ZCE Contract 1043 995 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange