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Yesterday's estimated import cost and profit for sugar
On February 24, 2026, the ICE raw sugar main contract closed at 13.99 cents per pound, with the RMB exchange rate at 6.8812. According to calculations, the estimated tax-included processing cost for quota-bound Brazilian sugar is 3,851 RMB per ton, and for non-quota Brazilian sugar is 4,886 RMB per ton. Compared to the current spot price of Rizhao white sugar, the estimated profit for quota-bound Brazilian sugar processing is 1,599 RMB per ton, and for non-quota Brazilian sugar processing is 564 RMB per ton. (Fan Sugar Technology)