
When searching for sugar prices on the internet, you may have come across “too good to be true” offers — CIF prices as low as USD 350 or 380 per MT for refined sugar ICUMSA 45. These values simply do not exist in today’s international market.
Many fraudsters use outdated tables from 10 or 20 years ago, presenting them as if they were real, and often pretending to represent reputable companies such as Raízen, Copersucar, São Martinho, or Cargill. The truth is simple: there are no cheap sugar prices in Brazil. Prices are determined by the global market, not the local one.
In this article, we will explain how sugar prices are really formed, why below-market offers are scams, and how importers can protect themselves.
Contents
Sugar is traded on two main international exchanges:
ICE New York (No.11 contract) → Reference for raw sugar (VHP).
ICE London (No.5 contract) → Reference for refined sugar (white sugar).
From these benchmarks, the final selling price is built as follows:
Exchange Price + Premium or Discount + Taxes + Logistics Costs = Final Selling Price (FOB or CIF)
Raw Sugar (ICE NY No.11): around USD 0.2050/lb, equivalent to USD 452/MT.
White Sugar (ICE London No.5): around USD 462/MT.
Refined Sugar ICUMSA 45 Premium: typically traded between USD 480 – 520/MT FOB, depending on quality, certifications (Halal, Kosher), and contract size.
Sugar Type | Exchange | Current Price (Sep/2025) | Market Note |
|---|---|---|---|
Raw Sugar (VHP) | ICE NY (No.11) | USD 452/MT | Base for Brazilian exports |
White Sugar | ICE London (No.5) | USD 462/MT | Reference for refined sugar |
Refined ICUMSA 45 | Physical Market | USD 480–520/MT FOB | Premium for quality & certifications |
Key Point: Any CIF price for ICUMSA 45 below USD 420/MT is suspicious.
Unfortunately, scams in the sugar market are frequent. The main traps include:
The low-price scam – Using old tables or fake offers below USD 420/MT CIF.
Fake mandates or mills – Intermediaries claiming to have direct mandates with large mills.
Advance payment scam – Requesting deposits before issuing a valid PI or SPA.
Ghost contracts – Promising huge volumes at impossible prices.
Fake bank guarantees – Offering SBLCs or DLCs from non-existent banks.
Triangulation fraud – Fake “traders” charging fees without real contracts.
See reference from ICE on current raw sugar prices and white sugar prices.
Always check the official reference prices (ICE NY & ICE London).
Never believe in CIF offers below USD 420/MT for ICUMSA 45.
Request LOI + BCL to confirm the buyer’s seriousness.
Verify the seller’s history of shipments and official registrations.
Negotiate only with companies that have audited operations and transparency.
The Mello Commodity is more than a trading company: it is a business hub that connects importers to the largest sugar exporters in Brazil.
Access to reliable producers.
Transparent negotiations (FOB and CIF).
Updated price references aligned with the international market.
Protection against scams and fraudulent intermediaries.
If you are looking to import sugar from Brazil at real market prices, contact us today and request a quotation.
The global market determines sugar prices. Currently:
Raw Sugar (ICE NY): USD 452/MT
White Sugar (ICE London): USD 462/MT
ICUMSA 45 Premium FOB: USD 480–520/MT
Anything below these levels is a scam.

Brazilian, graduated in Marketing, Specialist in Service Management and Strategic Communication.
Important International Negotiator in the commercialization of Brazilian agricultural commodities such as: Sugar, Soybeans and Corn.
Owner of Mello Commdity, she has gained great prominence on the internet in recent years by promoting educational articles for importers of Brazilian agricultural commodities.
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