According to the monitoring of the commodity market analysis system of SunSirs, the average price of first grade white sugar in China was 6,270 RMB/ton at the beginning of the week, and 6,252 RMB/ton at the end of the week, with a price drop of 0.29%.

Domestically, due to the sustained decline in international sugar prices from high levels and the impact of increased production, domestic sugar prices have faced certain downward pressure. At the end of April, the cumulative sugar production in China reached 11.1072 million tons, a significant increase of 1.1533 million tons or 11.59% compared to the same period in the previous crushing season. The supply of sugar in the market is sufficient, but transactions are weak.

The Brazil 2025/26 crushing season, which started on April 1st, has had a good start in the main production areas of central and southern Brazil as of April 16th. In the first half of April, the sugar production was 731,000 tons, an increase of 1.25% compared to the same period last year. The sugarcane crushing volume was 16.59 million tons, an increase of 3% year-on-year. The profit window for importing Brazilian sugar outside of China's quota has opened since early April, but the volume of imported sugar arriving at the port according to the shipping schedule will not be revealed until the end of May.

The domestic crushing season supply is sufficient and there has been no significant increase in transactions. It is expected that the price of white sugar will mainly fluctuate and weaken in the short term.

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