April 8, 20260 views0 shares
Sugar Import Cost and Profit Analysis as of April 7, 2026
Based on the ICE raw sugar futures price and RMB exchange rate on April 7, 2026, the estimated post-tax cost for in-quota Brazilian sugar is approximately 4061 RMB/ton, while out-of-quota sugar is around 5160 RMB/ton. Compared to Rizhao white sugar spot prices, the estimated profit for in-quota imports is 1469 RMB/ton, and for out-of-quota imports, it's 370 RMB/ton, offering crucial insights for market participants.
On April 7, 2026, key global sugar market indicators showed the ICE raw sugar futures main contract closing at 14.57 US cents per pound, with the RMB exchange rate against the USD at 6.8609. Utilizing these figures, we have conducted a detailed estimation of sugar import costs and potential profits.
Our analysis reveals that for in-quota Brazilian sugar imports, the estimated cost after processing and tax is approximately 4061 RMB per ton. Conversely, for out-of-quota Brazilian sugar imports, this post-tax cost significantly rises to an estimated 5160 RMB per ton. These cost figures provide a fundamental basis for evaluating the competitiveness of imported sugar.
Further comparing these import costs with the current spot price of Rizhao white sugar, we estimate that the profit for in-quota Brazilian sugar after processing and tax could reach 1469 RMB per ton. In contrast, the estimated profit for out-of-quota Brazilian sugar after processing and tax is 370 RMB per ton. These profit figures highlight the impact of different quota policies on the profitability of sugar importers under current market conditions, offering crucial insights for trade decisions.