FanTang Technology: Yesterday's Sugar Import Cost and Profit Estimate

March 18, 2026, ICE raw sugar main contract closing price was 14.82 cents per pound, with the RMB exchange rate at 6.8879. According to calculations, the estimated tax-included processing cost of Brazilian sugar within quota is 4,134 yuan per ton, and the estimated tax-included processing cost of Brazilian sugar outside quota is 5,255 yuan per ton; compared to Rizhao white sugar spot price, the estimated profit for processing Brazilian sugar within quota is 1,486 yuan per ton, and outside quota is 365 yuan per ton. (Fan Sugar Technology)

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