Sugar Import Cost and Profit Analysis as of June 4, 2026

On June 4, 2026, global sugar market dynamics were closely monitored. On this day, the ICE raw sugar futures main contract closed at 14.28 US cents/pound, while the RMB exchange rate against the US dollar was 6.7742. Based on these critical data points, we conducted an in-depth estimation of sugar import cost structures and potential profits. The analysis results indicate that under the in-quota import policy, the estimated processing and tax-inclusive cost for Brazilian sugar was approximately 3872 RMB/ton. For imports exceeding the quota, the processing and tax-inclusive cost for Brazilian sugar significantly increased to 4913 RMB/ton. These costs encompass all stages from raw sugar procurement to customs clearance, processing, and taxes. Further comparing these import costs with domestic market prices, using Rizhao spot white sugar prices as a benchmark, we calculated the profit margins under different quota conditions. The data shows that in-quota imported Brazilian sugar yielded an estimated profit of up to 1688 RMB/ton after processing and tax, demonstrating strong profitability. Even under out-of-quota import conditions, the estimated processing and tax-inclusive profit for Brazilian sugar reached 647 RMB/ton, still maintaining a certain market attractiveness. This data provides important decision-making references for sugar traders and investors.