Domestic Sugar Mills Update Quotes Amid Futures Pressure, Cautious Trading
On June 24, 2026, domestic sugar mill quotes in China generally decreased. Influenced by falling futures prices, market sentiment turned cautious, leading to a slowdown in downstream procurement. The mainstream spot transaction price for Guangxi white sugar was 5254 yuan/ton, down 8 yuan/ton from the previous day, with most Guangxi mills reducing quotes by 10 yuan/ton. Yunnan quotes also saw widespread reductions. Processed sugar quotes ranged from 5600-5860 yuan/ton, down 10-30 yuan/ton.
### Domestic Sugar Mills Update Quotes Amid Futures Pressure, Cautious Trading
**Nanning, Guangxi, June 24, 2026** – Today, domestic sugar mills across China have generally lowered their price quotes, reflecting a cautious trading environment. The market has been influenced by recent declines in futures prices, leading to reduced buying interest and a noticeable slowdown in procurement from downstream buyers. This trend is evident across all major sugar-producing regions in the country.
**Guangxi Market Dynamics:**
Guangxi, a primary sugar-producing region in China, saw its mainstream spot transaction price for white sugar settle at 5254 yuan/ton today, an 8 yuan/ton decrease from the previous trading day. Quotes from major sugar mills in the region generally showed downward adjustments:
* **Guangtang Group**: Quotes for Grade 1 white sugar remained stable at 5320~5360 yuan/ton.
* **Nanhua Sugar**: Quotes for Grade 1 sugar were adjusted to 5260~5310 yuan/ton, a decrease of 10 yuan/ton.
* **Dongtang Group**: Quotes for Grade 1 sugar were adjusted to 5310~5370 yuan/ton, a decrease of 10 yuan/ton.
* **Fengtang Group**: Quotes for Grade 1 sugar were adjusted to 5340~5370 yuan/ton, a decrease of 10 yuan/ton.
* **Xianggui Sugar**: Quotes for Grade 1 sugar were adjusted to 5260~5370 yuan/ton, a decrease of 10 yuan/ton.
**Yunnan Market Dynamics:**
Sugar prices in the Yunnan region also broadly declined. Nanhua Sugar's quote in Kunming was 5110 yuan/ton, while quotes in Xiangyun and Dali decreased by 10 yuan/ton to 5070 yuan/ton. Yingmao Sugar's quote in Kunming was 5120 yuan/ton, and its Dali quote decreased by 10 yuan/ton to 5080 yuan/ton.
**Processed Sugar Market:**
The processed sugar market was similarly affected, with mainstream quotes ranging from 5600~5860 yuan/ton, a decrease of 10~30 yuan/ton compared to yesterday. Overall, current market sentiment is bearish, and sugar prices may continue to face downward pressure in the short term.