Sugar Import Cost and Profit Analysis as of May 15, 2026
Based on May 15, 2026 market data, ICE raw sugar futures closed at 14.78 cents/lb with an RMB exchange rate of 6.8140. Quota-based Brazilian sugar's estimated landed cost after tax is 4022 RMB/ton, while out-of-quota sugar is 5109 RMB/ton. Compared to Rizhao spot white sugar prices, in-quota imports yield an estimated profit of 1558 RMB/ton, and out-of-quota imports yield 471 RMB/ton.
On May 15, 2026, key indicators in the global sugar market showed the ICE raw sugar futures contract closing at 14.78 cents per pound. Concurrently, the RMB to USD exchange rate stood at 6.8140.
Utilizing these market figures, we have meticulously estimated the import costs and potential profits for Brazilian sugar. For Brazilian sugar imported within the quota, the estimated landed cost after processing and taxes is approximately 4022 RMB per ton. In contrast, for Brazilian sugar imported outside the quota limits, this cost significantly increases to an estimated 5109 RMB per ton.
Further comparing these import costs with the current spot white sugar prices in the Rizhao region, our analysis reveals that in-quota Brazilian sugar, after processing and taxes, is projected to yield a profit of 1558 RMB per ton. Conversely, out-of-quota Brazilian sugar shows a comparatively smaller profit margin, estimated at 471 RMB per ton. These data points offer crucial insights for market participants to assess the impact of international sugar price fluctuations on the domestic market and identify potential trading opportunities.