What is driving the surge in global sugar prices?

Sugar prices have risen sharply, with London sugar reaching a 5-week high, due to stronger global sugar demand, including surging imports by China and a tender by Pakistan.

How will India's potential sugar exports impact the global market?

India may permit local sugar mills to export sugar in the next season, which could put downward pressure on global sugar prices, as India is the world's second-largest producer and is expected to see a bumper sugar crop.

What are the key factors affecting the global sugar supply and demand balance?

The article highlights several factors, including increased sugar imports by China, a tender by Pakistan, and the outlook for higher sugar production in India, which could impact the global sugar supply and demand balance.

Home / Business and Economy / Sugar Prices Climb to 5-Week High as Global Demand Surges

Sugar Prices Climb to 5-Week High as Global Demand Surges

21 Aug

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Summary

China's July sugar imports surge 76% to 740,000 MT
Pakistan tenders for 200,000 MT of refined sugar
India may permit sugar exports in next season

Sugar Prices Climb to 5-Week High as Global Demand Surges

As of August 22, 2025, sugar prices have seen a significant increase, with the October NY world sugar #11 (SBV25) up by 1.78% and the October London ICE white sugar #5 (SWV25) climbing 2.55% to a 5-week high.

The rise in sugar prices is being driven by signs of stronger global sugar demand. In July 2025, China's sugar imports surged by 76% to 740,000 MT, while Pakistan recently tendered for 200,000 MT of refined sugar. These developments are supporting the upward trend in sugar prices.

However, the outlook for higher sugar production in India, the world's second-largest producer, could put downward pressure on prices. Bloomberg has reported that India may permit local sugar mills to export sugar in the next season, which starts in October 2025, as abundant monsoon rains are expected to produce a bumper sugar crop. Additionally, India's National Federation of Cooperative Sugar Factories has projected that the country's 2025/26 sugar production will climb by 19% year-over-year to 35 MMT, citing larger planted cane acreage.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.