Sugar Import Cost and Profit Analysis as of March 11, 2026

As of March 11, 2026, the global sugar market observed the ICE raw sugar futures contract closing at 14.22 US cents per pound. Concurrently, the RMB exchange rate against the US dollar stood at 6.8749. Utilizing these critical figures, a detailed estimation of Brazilian sugar import costs and profit margins has been conducted. Our analysis reveals that for Brazilian raw sugar imported under the quota system, the estimated cost after processing and tax clearance is approximately 4015 yuan per ton. When benchmarked against the current spot white sugar prices in the Rizhao region, in-quota Brazilian sugar imports are projected to yield a profit margin of around 1605 yuan per ton. Conversely, for out-of-quota Brazilian sugar imports, the estimated cost after processing and tax clearance significantly increases to 5100 yuan per ton. Despite the higher cost, when compared to Rizhao spot white sugar prices, out-of-quota Brazilian sugar imports are still expected to generate an estimated profit of approximately 520 yuan per ton. These figures provide crucial insights for market participants to assess the impact of current international sugar price fluctuations on the domestic market.