Sugar Import Cost and Profit Analysis as of May 13, 2026

On May 13, 2026, key indicators from the international sugar market showed the ICE raw sugar futures contract closing at 15.39 US cents per pound, with the RMB to USD exchange rate holding steady at 6.7903. Utilizing these market data points, we conducted a detailed estimation of sugar import costs and profits. Our analysis reveals that within the quota management framework, the estimated duty-paid cost for processed Brazilian raw sugar is approximately 4157 CNY per ton. For Brazilian sugar imported beyond the quota, the duty-paid cost significantly increases, estimated at 5286 CNY per ton. Further comparing these costs with the current spot white sugar prices in the Rizhao region, we observe that Brazilian sugar imported within the quota demonstrates a robust estimated profit margin of up to 1393 CNY per ton after processing and duty payment. Even for out-of-quota Brazilian sugar, despite the higher costs, an estimated profit of 264 CNY per ton can still be achieved. These figures provide crucial reference points for market participants to assess the impact of current international sugar price fluctuations on the domestic market and identify potential trading opportunities.