SunSirs: China Guangxi's New Sugar Prices Rise, Inventory Drops Significantly
January 07 2026 10:02:44 SunSirs (Selena)
On January 6th, Guangxi sugar companies and distributors quoted 5,270-5,350 RMB/ton for new sugar (including Chongzuo, Nanning, Guigang, Liuzhou, Hechi, Laibin, and Fangchenggang sugar factories), a slight increase of 10 RMB/ton compared to the 5th quotation. The inventory of new sugar industry was 44,500 tons, a decrease of 182,900 tons year-on-year.
The article shows that the spot price of Guangxi's new sugar is 5,270-5,350 RMB/ton, an increase of 10 RMB/ton from the previous day. The inventory of new sugar industry is 44,500 tons, a significant decrease of 182,900 tons year-on-year (a decrease of 80.7%). This indicates tight supply and strong demand, which is a significant positive for the spot price of white sugar. Based on the data of sugar futures on Zhengzhou Commodity Exchange (such as the closing price of 5,257 RMB/ton for contract 2605 yesterday), the rise in spot prices will directly boost the expectations of the futures market and drive up futures prices.
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