According to the monitoring of the commodity market analysis system of SunSirs, the average price of first grade white sugar in China was 6,520 RMB/ton at the beginning of the week, and 6,498 RMB/ton at the end of the week, with a price drop of 0.34%.

Domestic market transactions fell short of expectations, with 86,700 tons of raw sugar outside China's tariff quota actually arriving at the port in July and 202,400 tons predicted to arrive in August. The data released in the first half of the month showed that 198,000 tons of raw sugar outside the tariff quota were predicted to arrive at the port in July, and 155,000 tons were predicted to arrive at the port in August. Some of the raw sugar outside the quota that was expected to arrive at the port in July was delayed.

As of the first half of July in the 2024/2025 crushing season, the cumulative crushing volume in the central and southern regions of Brazil was 281.579 million tons, an increase of 22.552 million tons compared to the same period last year, with a year-on-year growth rate of 8.71%; The ATR of sugarcane is 130.58kg/ton, a decrease of 0.05kg/ton compared to the same period last year's 130.63kg/ton; The cumulative sugar production ratio is 48.92%, an increase of 0.75% compared to the same period last year's 48.17%.

The transaction volume in the domestic sugar market fell out of expectations, and it is expected that sugar prices will mainly fluctuate and weaken in the short term.

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