On July 30, sugar producers and distributors in Guangzhou quoted prices between 5,100 and 5,170 RMB per tonne, a decrease of 20 RMB/tonne from the previous day. By the end of June, cumulative sugar sales in Guangxi totaled 5.028 million tonnes, a year-on-year decline of 112,600 tonnes.
On July 30, spot prices for white sugar in the Guangzhou region ranged from 5,100 to 5,170 RMB per tonne, down 20 RMB per tonne from July 29. Cumulative sales in Guangxi reached 5.028 million tonnes by the end of June—a year-on-year drop of 112,600 tonnes; weak demand has exerted moderate downward pressure on white sugar prices.
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