Raw Sugar Import Parity Calculator

Convert ICE No.11 futures into your true all-in landed cost. Enter freight, duty, and port charges to see what raw sugar actually costs to import.

Free, no login ICE No.11 to landed cost Any origin / destination

ICE No.11 futures

Raw sugar futures, quoted in US cents per pound. Multiply by 22.0462 to convert to USD/tonne.

USc /lb

= $484.98 / tonne

Freight and ancillary costs

40 $/t
15 80 $/t
2.0 $/t
0 15 $/t
15 $/t
5 50 $/t

Duties and FX

0.0 %
0% 30% %

EU has zero duty on ACP/LDC origins. Non-preferential EU tariff: approx. €339/t. US: zero (NAFTA/CAFTA). Adjust for your regime.

1 USD = EUR

Result is the all-in delivered cost for raw sugar, ready to compare against domestic spot prices.

How the calculation works

How do I convert ICE No.11 cents per pound to USD per tonne?

Multiply the price in US cents per pound by 22.0462. This factor comes from the number of pounds in a metric tonne (2,204.62) divided by 100 (to convert cents to dollars). So 22 USc/lb equals $484.98/t.

What import duty rates apply to raw sugar?

Duty rates vary significantly by trade regime. The EU applies zero duty on sugar from ACP countries and LDCs under the Everything But Arms agreement. The non-preferential EU tariff is approximately €339/t. The US has zero duty under CAFTA and NAFTA. Brazil, India, and Southeast Asian importers all have country-specific rates. Always check the applicable trade agreement for your origin and destination.

What ocean freight rate should I use?

Sugar freight rates depend on vessel size (Handymax vs Panamax), route, and market conditions. As a reference, Brazil to EU freight runs $35-55/t, while Thailand to Southeast Asia is $20-35/t. Use your actual contracted rate or a current broker quote for the most accurate result.

How do I get live ICE No.11 prices to use in this calculator?

Vesper tracks daily ICE No.11 futures prices alongside physical differentials by origin, white sugar premiums, and forward curves. Start a free trial to access live data.