Sugar Import Cost and Profit Analysis as of June 1, 2026

On June 1, 2026, key international sugar market data showed the ICE raw sugar futures main contract closing at 14.42 cents per pound, with the RMB exchange rate against the USD at 6.7660. Utilizing these market parameters, a detailed estimation of sugar import costs and potential profits was conducted. Specifically, within the quota management framework, the estimated cost for processed and tax-paid Brazilian raw sugar was approximately 3897 yuan per ton. For Brazilian sugar imported beyond the quota limits, the estimated processed and tax-paid cost significantly increased to 4946 yuan per ton. Comparing these import costs with current domestic market prices, using Rizhao spot white sugar prices as a benchmark, the profitability of imported sugar is as follows: In-quota imported Brazilian sugar yielded an estimated profit of up to 1703 yuan per ton after processing and tax payments. Even for out-of-quota imported Brazilian sugar, after deducting all costs and taxes, an estimated profit of 654 yuan per ton could still be realized. These figures indicate a relatively considerable profit margin for sugar import businesses under the current market conditions.