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Yesterday: Estimated sugar import costs and profits

2026-07-22 04:43:03

On July 9, 2026, the closing price of the ICE raw sugar benchmark futures contract was 15.15 US cents per pound, with the RMB exchange rate at 6.7910. After calculations, the estimated cost of processing and paying duties for quota-allowed Brazilian sugar was 4,026 yuan per ton, and the estimated cost for processing and paying duties for additional Brazilian sugar was 5,114 yuan per ton. Compared with the quotation from COFCO Zhangzhou Sugar Factory, the estimated after-duty processing profit for quota-allowed Brazilian sugar was 1,724 yuan per ton, while the estimated after-duty processing profit for additional Brazilian sugar was 636 yuan per ton. (Fantec Technology)

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