April 3, 2026: China Domestic Sugar Market Price Update
On April 3, 2026, China's domestic sugar market experienced a general price decline. Spot white sugar in Guangxi fell to 5327 yuan/ton, with major sugar groups in Guangxi and Yunnan adjusting their offers downwards. Processing sugar mills also saw partial price reductions. The market is largely in a wait-and-see mode, with slower end-user purchasing and limited spot-price-linked transactions.
On April 3, 2026, China's domestic sugar market witnessed a widespread weakening trend, with price reductions observed across major producing regions and processing sugar mills, leading to a strong wait-and-see sentiment in the market.
Specifically, the spot transaction price for white sugar in Guangxi closed at 5327 yuan/ton today, marking a decrease of 28 yuan/ton from the previous trading day. Major sugar groups in Guangxi adjusted their offer range to 5360-5420 yuan/ton, with a general reduction of 20-30 yuan/ton. Concurrently, sugar groups in Yunnan also saw a notable decline in their offers, with prices now ranging from 5190-5260 yuan/ton, representing a single-day drop of 40 yuan/ton.
For processing sugar mills, their mainstream offer range is currently 5640-5850 yuan/ton, with some manufacturers reducing their prices by 20-40 yuan/ton. Market analysis suggests that the synchronized weakening of both futures and spot prices indicates a slowdown in end-user purchasing demand. Under this downward price pressure, market participants are largely adopting a cautious, wait-and-see approach, with only a limited number of spot-price-linked sugar transactions being concluded.