China Domestic Sugar Market Quotes and Trading Dynamics on March 16, 2026
On March 16, 2026, China's domestic sugar market saw stable overall pricing. Guangxi white sugar spot transactions remained at 5426 yuan/ton. Guangxi sugar groups quoted prices between 5420-5510 yuan/ton, with some slight adjustments downwards. Yunnan sugar groups maintained their quotes at 5300-5350 yuan/ton. Refined sugar producers' mainstream quotes ranged from 5700-5910 yuan/ton, with minor fluctuations. Market trading activity was subdued, with sugar groups focusing on market-price sales, resulting in moderate overall transaction volumes.
On March 16, 2026, China's domestic sugar market exhibited a relatively stable trend. On this day, the spot transaction price for white sugar in Guangxi remained at 5426 yuan/ton, consistent with the previous trading day.
Specifically, sugar manufacturing groups in the Guangxi region quoted prices ranging from 5420 to 5510 yuan/ton, with some groups slightly lowering their quotes by 10 yuan/ton. Concurrently, sugar groups in the Yunnan region maintained their price quotes within the 5300 to 5350 yuan/ton range, showing no price changes. For refined sugar producers, their mainstream quotes varied more broadly, fluctuating between 5700 and 5910 yuan/ton, with some product prices experiencing adjustments of 10 to 30 yuan/ton, indicating localized differences within the market.
The overall market trading atmosphere for the day was subdued, with low transaction activity. Sugar groups primarily adopted a market-price sales strategy, setting prices according to prevailing market conditions. Consequently, the national spot sugar transaction volume was relatively moderate, showing no significant increase.