Sugar Import Cost and Profit Analysis as of April 1, 2026

### Sugar Import Cost and Profit Analysis Report as of April 1, 2026 On April 1, 2026, key indicators from the international sugar market showed the ICE raw sugar futures main contract closing at 15.24 US cents/pound. Concurrently, the RMB exchange rate against the US dollar was stable at 6.8750. Based on these market figures, we have conducted a detailed estimation of the import costs and domestic sales profits for Brazilian sugar. **Estimated Import Costs:** * **In-Quota Brazilian Sugar:** After processing and duty payment, its estimated landed cost is approximately 4253 RMB/ton. This reflects the cost advantage under preferential import quota policies. * **Out-of-Quota Brazilian Sugar:** Without the benefit of import quotas, its estimated landed cost after processing and duty payment rises significantly to 5411 RMB/ton. This indicates the higher tariff burden associated with out-of-quota imports. **Profit Margin Analysis:** By comparing these figures with the current spot market price of white sugar in Rizhao, we further evaluated the profit margins under different import scenarios: * **In-Quota Brazilian Sugar:** Due to its lower cost, it is projected to yield an estimated profit of up to 1327 RMB/ton. This makes in-quota imports a highly attractive option. * **Out-of-Quota Brazilian Sugar:** Despite higher costs, it can still generate an estimated profit of 169 RMB/ton. This suggests that even under non-preferential conditions, some profit opportunities still exist in the market. This analysis aims to provide market participants with the latest reference for sugar import costs and profits to support their decision-making. The content of this report is original to our company and all rights are reserved; please ensure proper attribution when quoting or reproducing.