Sugar Import Cost and Profit Analysis for April 15, 2026
Based on the ICE raw sugar futures closing price and RMB exchange rate on April 15, 2026, we have estimated sugar import costs and profits. In-quota Brazilian sugar's estimated landed cost (including tax) is approximately 3,779 CNY/ton, while out-of-quota sugar is 4,793 CNY/ton. Compared to Rizhao spot white sugar prices, the estimated profit for in-quota imports is 1,751 CNY/ton, and for out-of-quota imports, it is 737 CNY/ton, indicating favorable profitability for current sugar imports.
On April 15, 2026, key indicators in the international sugar market showed the ICE raw sugar futures main contract closing at 13.5 US cents per pound. Concurrently, the RMB exchange rate against the US dollar was stable at 6.8188. Based on these market data, we conducted an in-depth assessment of sugar import cost structures and potential profits.
Our detailed analysis reveals that for in-quota Brazilian raw sugar, the estimated landed cost after processing and tax is approximately 3,779 CNY per ton. For out-of-quota Brazilian raw sugar, the processing and tax-inclusive cost significantly increases to 4,793 CNY per ton. These cost estimates provide crucial reference points for evaluating the market competitiveness of imported sugar.
Regarding profitability, we compared the estimated costs with the current spot white sugar prices in the Rizhao region. The results indicate that in-quota imported Brazilian sugar yields an estimated profit of up to 1,751 CNY per ton after processing and tax. Even out-of-quota imported Brazilian sugar can achieve an estimated profit of 737 CNY per ton. This demonstrates that under current market conditions, the sugar import business continues to offer substantial profit margins.