Sugar Import Cost and Profit Analysis as of June 18, 2026
As of June 18, 2026, an analysis based on ICE raw sugar futures and the RMB exchange rate reveals sugar import costs and profits. Quota-bound Brazilian sugar is estimated at 3839 yuan/ton after processing and taxes, while out-of-quota sugar is 4870 yuan/ton. Compared to Rizhao spot white sugar prices, estimated profits are 1661 yuan/ton for in-quota imports and 630 yuan/ton for out-of-quota imports.
On June 18, 2026, the global sugar market saw significant activity. The ICE raw sugar futures contract closed at 14.14 cents/pound, with the RMB exchange rate against the US dollar recorded at 6.7728. Utilizing these key market indicators, a detailed estimation of current sugar import costs and profits has been conducted.
Specifically, for in-quota Brazilian sugar imports, the estimated cost after processing and taxes is approximately 3839 yuan per ton. In contrast, the estimated cost for out-of-quota Brazilian sugar imports rises considerably to 4870 yuan per ton. This cost disparity primarily reflects the impact of import quota policies on market pricing.
Regarding profitability, these estimated costs were benchmarked against the spot price of white sugar in Rizhao. The analysis indicates a robust estimated profit margin of 1661 yuan per ton for in-quota Brazilian sugar after processing and taxes. For out-of-quota Brazilian sugar, the estimated profit margin stands at 630 yuan per ton. These figures provide crucial insights for market participants to assess the profitability and potential risks within the current sugar import trade.