Sugar Import Cost and Profit Analysis as of April 22, 2026
On April 22, 2026, an analysis of sugar import costs and profits was conducted based on ICE raw sugar futures and the RMB exchange rate. Brazilian sugar imported within quota had an estimated processed duty-paid cost of approximately 3816 RMB/ton, yielding a profit of 1714 RMB/ton. Out-of-quota Brazilian sugar had an estimated cost of 4840 RMB/ton, with a profit of 690 RMB/ton, both compared to Rizhao white sugar spot prices.
On April 22, 2026, the global sugar market witnessed significant activity. The ICE raw sugar futures contract closed at 13.81 cents/pound, while the RMB exchange rate stood at 6.8288. Utilizing these key figures, a detailed estimation of Brazilian sugar import costs and potential profits was conducted.
The analysis revealed that for Brazilian sugar imported within the quota, the estimated processed duty-paid cost was approximately 3816 RMB/ton. When compared to the current spot price of white sugar in Rizhao, this segment of sugar imports showed a substantial estimated profit of 1714 RMB/ton, indicating strong profitability.
Conversely, for Brazilian sugar imported outside the quota, the estimated processed duty-paid cost was higher, at approximately 4840 RMB/ton. Despite the increased cost, out-of-quota sugar still yielded an estimated profit of about 690 RMB/ton when measured against Rizhao white sugar spot prices. These figures provide crucial insights for market participants, aiding in the assessment of the current economic viability of sugar trade.