In the 2023/2024 sugar production period, a total of 9.9632 million tons of sugar were produced nationwide, an increase of 990,000 tons or 11.03% year-on-year. As of the end of September, the cumulative sales of sugar in China reached 9.606 million tons, an increase of 1.0745 million tons year-on-year, with a growth rate of 12.6%; The cumulative sugar sales rate was 96.41%, and the sugar industry inventory was 357,200 tons, a year-on-year decrease of 85,000 tons or 19.22%.

In the 2023/2024 crushing season, Yunnan province has cumulatively harvested 15.4494 million tons of sugarcane, with a total sugar production of 2.032 million tons (2.011 million tons in the previous crushing season) and a sugar production rate of 13.15% (13.28% in the previous crushing season). As of September 30th, Yunnan Province has sold a total of 1.9202 million tons of sugar, with a production and sales rate of 94.5%, a slight increase compared to the same period last year (the production and sales rate was 93.32%).

In the 2023/2024 crushing season, Guangxi produced a total of 6.1814 million tons of sugar, an increase of 911,100 tons year-on-year. As of the end of September, Guangxi sold a total of 5.91 million tons of sugar, an increase of 916,000 tons year-on-year, with a production and sales rate of 95.61%. In September, Guangxi sold 453,400 tons of sugar in a single month, an increase of 210,300 tons year-on-year; Industrial inventory was 271,400 tons, a year-on-year decrease of 4,900 tons.

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