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This is your Daily Sugar Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to the Daily Sugar Price Tracker with your host Vanessa Clark. Today Im diving into the latest sugar market news, current trading prices, and what it all means for you whether youre baking sweets, running a cafe, or just watching commodity trends.
First up, the big numbers. On the Zhengzhou Commodity Exchange, Chinas key sugar futures market, the most active May 2026 contract closed flat today at 5,416 yuan per tonne, which shakes out to about 785 U.S. dollars per tonne. Xinhua reports that trading volume hit 483,778 lots with a turnover of 26.33 billion yuan, showing steady interest despite the flat close.
Globally, sugar prices got a nudge higher thanks to surging crude oil. Barchart notes May New York world sugar number 11 futures rose 0.70 percent, and London white sugar number 5 climbed 0.12 percent. Why? Higher oil boosts ethanol demand, pulling sugarcane away from sugar production and tightening supplies.
On the supply side, forecasts point to surpluses ahead. Czarnikow predicts a 3.4 million metric ton global surplus for 2026-27 after 8.3 million this season, while Green Pool sees smaller ones at 2.74 million for 2025-26 and 156,000 tons next year. Indias output is booming up 12 percent to 24.75 million tons through February per ISMA, with exports approved at 2 million tons, which could keep prices in check. Brazils production dipped in late January but is up overall.
Retail wise, in East Java, bulk granulated sugar hit 16,524 rupiah per kg, up slightly today per Katadatas SP2KP data.
Takeaway for you: With surpluses looming but ethanol competition heating up, prices might stay range-bound. If youre stocking up, consider locking in now for baking or business, and watch Brazil and India news closely they drive the market.
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