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Yesterday's estimated import cost and profit for sugar
On February 23, 2026, the ICE raw sugar main contract closed at 14.01 cents per pound, with an exchange rate of 6.9032 RMB. According to calculations, the estimated tax-included processing cost for quota-bound Brazilian sugar is 3,866 RMB per ton, and for non-quota Brazilian sugar is 4,906 RMB per ton; compared to the current spot price of Rizhao white sugar, the estimated profit for quota-bound Brazilian sugar processing is 1,584 RMB per ton, and for non-quota Brazilian sugar processing is 544 RMB per ton. (Fan Sugar Technology)