SunSirs: Sugar Production in China Guangxi in January 2025, with a Price Drop in Spot Market on February 7, 2025
February 08 2025 09:38:08 SunSirs (Selena)
As of January 31st, the cumulative input of sugarcane in Guangxi was 36.5277 million tons, an increase of 5.4663 million tons year-on-year; 4.817 million tons of mixed sugar have been produced, an increase of 1.0791 million tons year-on-year; The mixed sugar production rate was 13.19%, an increase of 1.15% year-on-year; Accumulated sugar sales amounted to 2.3809 million tons, an increase of 373,600 tons year-on-year.
On February 7th, the new sugar prices quoted by sugar companies in Guangxi were slightly reduced to 5,925-5,940 RMB/ton (the price of the sugar factory's internal board), a decrease of 30 RMB/ton from the 6th quotation. As of January 31st, the total amount of sugarcane pressed in Guangxi was 36.5277 million tons, an increase of 5.4663 million tons year-on-year.
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