As of April 30, 2026, 72 sugar mills in Guangxi had concluded their crushing operations. The cumulative volume of sugarcane processed reached 60.9092 million tons—an increase of 12.3138 million tons year-on-year. Total sugar production amounted to 7.6951 million tons, representing a year-on-year increase of 1.2301 million tons (or 19.03%). The sugar extraction rate stood at 12.63%, a decrease of 0.67% compared to the previous year.

As China's primary white sugar production hub, Guangxi's cumulative output reached 7.6951 million tons by the end of April 2026—a 19.03% increase year-on-year. This has led to a significant boost in domestic white sugar supply, shifting the supply-demand landscape toward a surplus and creating bearish pressure on spot market prices. Regarding futures, on May 7, 2026, the closing price for the Zhengzhou Commodity Exchange's benchmark white sugar contract (Contract 2609) was 5,447 RMB per ton—down 19 RMB per ton from the previous trading day. Most contracts closed lower across the board, as expectations of ample supply weighed on the futures market, keeping prices under short-term pressure.

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