Sugar Import Costs and Profit Analysis: April 6, 2026
On April 6, 2026, the ICE raw sugar futures closed at 14.98 cents/lb, with the RMB exchange rate at 6.8859. Calculations show that the estimated duty-paid cost for Brazilian sugar within quota is 4207 yuan/ton, while for out-of-quota sugar, it's 5351 yuan/ton. Compared to Rizhao spot white sugar prices, the estimated profit for in-quota Brazilian sugar is 1323 yuan/ton, and for out-of-quota sugar, it is 179 yuan/ton.
According to the latest market data, on April 6, 2026, key indicators from the international sugar market showed that the ICE raw sugar futures contract closed at 14.98 cents per pound. Concurrently, the RMB exchange rate against the US dollar stood at 6.8859.
Based on these figures, we conducted a detailed estimation of the import costs and profits for Brazilian sugar. The results indicate that for Brazilian sugar imported within the quota, the estimated duty-paid cost after processing is approximately 4207 yuan per ton. For out-of-quota Brazilian sugar, due to differing tariff policies, the estimated duty-paid cost significantly increases to 5351 yuan per ton.
Further analysis of market profitability, when compared to spot white sugar prices in the Rizhao region, reveals a robust estimated profit margin for in-quota Brazilian sugar, reaching 1323 yuan per ton. In contrast, the estimated duty-paid profit margin for out-of-quota Brazilian sugar is considerably narrower, at 179 yuan per ton. These figures provide crucial insights for market participants to assess the impact of current international sugar price fluctuations on domestic import costs and profit potential.