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

On June 1, 2026, key indicators in the international sugar market showed the ICE raw sugar futures contract closing at 14.42 US cents/pound. Concurrently, the RMB exchange rate against the US dollar was recorded at 6.7660. Based on these market data points, a detailed estimation of Brazilian sugar import costs and profits has been conducted. The analysis reveals that under the quota management system, the estimated duty-paid cost for processed Brazilian raw sugar within the quota is approximately 3897 yuan/ton. For Brazilian sugar imported beyond the quota limits, the duty-paid processing cost significantly increases to about 4946 yuan/ton. Further comparison of these costs with the spot market prices of white sugar in Rizhao provides insight into the profitability of imported sugar. The data indicates that Brazilian sugar imported within the quota yields an estimated profit of up to 1703 yuan/ton after processing and tax payments, demonstrating strong market competitiveness. Although out-of-quota Brazilian sugar incurs higher costs, it still achieves an estimated profit of approximately 654 yuan/ton. These figures offer crucial reference points for market participants' decision-making.