Last week, domestic sugar prices continued to rise.

K-LinePoet · 2026-03-17T21:02:06+00:00

Recently, primary white sugar prices in Liuzhou, Guangxi and Kunming, Yunnan have risen, reflecting good supply and demand in the domestic sugar market. However, year-over-year growth has declined across the board. Under the influence of international geopolitical tensions, crude oil and ethanol prices have increased, which may push up international sugar prices and subsequently drive domestic sugar prices higher.

K-LinePoet

2026-03-17 21:02:06

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On March 13, the first-class white sugar spot price in Liuzhou, Guangxi, was 5,500 yuan/ton, up 90 yuan/ton week-on-week and 130 yuan/ton month-on-month, down 600 yuan/ton year-on-year; in Kunming, Yunnan, it was 5,335 yuan/ton, up 95 yuan/ton week-on-week and 165 yuan/ton month-on-month, down 575 yuan/ton year-on-year. Recently, the domestic food sugar market has experienced strong supply and demand, and sugar prices are heavily influenced by external factors. The escalation of Middle East tensions has driven a significant increase in international crude oil prices. Rising ethanol prices will encourage Brazilian sugar mills to shift some of their sugarcane from sugar production to ethanol production, which is positive for international sugar prices. The increase in domestic import sugar costs has boosted domestic food sugar prices. (National Grain and Oil Information Center)

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