The profit of imported raw sugar processing within the quota was 1,901 yuan/ton, and the loss outside the quota was 313 yuan/ton in February

Owing to the pandemic, the forecast for the global consumption in the future is highly negative, and New York raw sugar futures dived. The average of futures price for raw sugar (2005) in New York was 11.81 US cents/pound during in March, down 3.27 US cents/pound or down 21.67% from last Month, down 0.67 US cents/pound or 5.36% from the same period of last year.