Domestic Sugar Market Update: Guangxi, Yunnan, and Refined Sugar Prices Adjusted
On April 2, 2026, China's domestic sugar market saw price adjustments. Guangxi's spot white sugar transaction price slightly decreased to 5,355 yuan/ton, with Guangxi sugar mills lowering their quoted range by 10-20 yuan/ton. Yunnan sugar mills also saw partial price reductions of 10 yuan/ton, and refined sugar producers generally adjusted their mainstream quotes down by 10-20 yuan/ton. Despite these price concessions from producing regions, downstream purchasing demand remained weak, leading to sluggish overall spot market sales.
On April 2, 2026, China's domestic sugar market witnessed widespread price adjustments. The spot transaction price for white sugar in Guangxi was recorded at 5,355 yuan/ton, marking a decrease of 14 yuan/ton from the previous day. Sugar mills in Guangxi have adjusted their quoted range to 5,370 to 5,450 yuan/ton, representing a reduction of 10 to 20 yuan/ton.
Concurrently, sugar mills in Yunnan are quoting prices between 5,230 and 5,300 yuan/ton, with some prices also seeing a 10 yuan/ton reduction. Refined sugar producers have also adjusted their pricing; the mainstream quoted range for refined sugar is now 5,660 to 5,850 yuan/ton, with some quotes decreasing by 10 to 20 yuan/ton.
Despite these price concessions from sugar-producing regions, which aimed to stimulate market demand, downstream buyers have remained cautious. This has not effectively spurred purchasing interest, leading to an overall sluggish trading volume in the domestic spot sugar market.