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Yesterday's estimated import cost and profit for sugar
On March 2, 2026, the ICE raw sugar main contract closed at 13.90 cents per pound, with an exchange rate of 6.9058 RMB. Based on calculations, the estimated tax-included processing cost for quota-bound Brazilian sugar is 3,856 RMB per ton, and for non-quota Brazilian sugar, it is 4,892 RMB per ton; compared to the current spot price of Rizhao white sugar, the estimated profit for quota-bound Brazilian sugar processing is 1,624 RMB per ton, and for non-quota Brazilian sugar, it is 588 RMB per ton. (Fan Sugar Technology)