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Estimated import cost and profit for sugar consumed last Friday
On March 6, 2026, the ICE raw sugar main contract closed at 14.09 cents per pound, with the RMB exchange rate at 6.9060. Based on calculations, the estimated tax-included processing cost for quota-in Brazil sugar is 4,003 RMB per ton, and the estimated tax-included processing cost for non-quota Brazil sugar is 5,085 RMB per ton; compared to the current spot price of Rizhao white sugar, the estimated profit for quota-in Brazil sugar processing is 1,527 RMB per ton, and for non-quota Brazil sugar processing is 445 RMB per ton. (Fan Sugar Technology)