Sugar Import Cost and Profit Analysis for April 24, 2026
Based on the ICE raw sugar futures closing price and RMB exchange rate on April 24, 2026, the estimated duty-paid costs for Brazilian sugar, both within and outside quotas, have been calculated. Compared to Rizhao spot white sugar prices, the estimated profit for in-quota Brazilian sugar is 1594 RMB/ton, while out-of-quota sugar yields a profit of 545 RMB/ton.
On April 24, 2026, key indicators from the international sugar market showed the ICE raw sugar futures main contract closing at 14.1 US cents per pound. Concurrently, the RMB exchange rate against the US dollar stood at 6.831. Utilizing these figures, a detailed estimation of sugar import costs and profits has been conducted.
Specifically, for Brazilian sugar imported within the quota, the estimated cost after processing and duty payment is approximately 3896 RMB per ton. For Brazilian sugar imported outside the quota, the estimated cost after processing and duty payment rises significantly to 4945 RMB per ton.
By comparing these import costs with the current spot market price of white sugar in the Rizhao region, we have derived the corresponding profit estimates. The analysis indicates that Brazilian sugar imported within the quota is expected to yield an estimated profit of approximately 1594 RMB per ton after processing and duty. In contrast, Brazilian sugar imported outside the quota, despite its higher cost, is still projected to generate an estimated profit of about 545 RMB per ton.