CropGPT - Sugar

The weekly report on the global Sugar market for week 28. Brought to you by CropGPT

Show Notes

This episode provides a focused update on the global sugar market as of July 13, 2025.
  • Pakistan has introduced a two-phase sugar import policy to control domestic prices. The government, through the Trading Corporation of Pakistan, plans to import 350,000 tons of sugar—initially 200,000 tons followed by another 150,000 tons. All duties and taxes on these imports have been waived to reduce inflation and maintain transparency and quality.
  • India is set for a 19 percent rise in sugar production for the 2025–26 season, reaching 35 million metric tons. Despite continued export restrictions to protect local supply, an additional 1 million metric tons has been cleared for export. Expansion of the Bhag Pat sugar mill in Uttar Pradesh is expected to enhance local cane processing capacity. Thailand’s production is also climbing, with a 14 percent year-over-year increase forecast at 10 million metric tons. These gains are exerting downward pressure on global prices.
  • In contrast, Brazil is facing a 14.6 percent decline in sugar output in its Center-South region due to unfavorable weather. Nonetheless, rising production in other countries is balancing overall supply concerns. In the Philippines, the Sugar Regulatory Administration has approved the import of 424,000 metric tons of sugar to safeguard future supply, classifying the imports as reserve sugar despite having sufficient buffer stocks.
  • South Africa is grappling with a 30 percent tariff imposed by the United States, potentially weakening its competitive position in the U.S. market. Local producers are also contending with an influx of subsidized sugar imports and are urging government support to counteract these pressures.
  • Barbados has recorded a strong sugarcane harvest yielding 96,000 tons, converting into 3.8 million kilograms of sugar and 6.8 million kilograms of molasses. However, disputes over industry governance are limiting the economic potential of this success. Collectively, these developments outline a dynamic and uneven global sugar market shaped by both opportunity and policy-driven constraint.

What is CropGPT - Sugar?

Sugar news, weather, pricing, production and predictions

Speaker 1:

Welcome to the weekly summary of the global sugar market for 07/13/2025. For more information on any aspect of this report, please visit the CropGPT website for far more detailed reporting and analysis. Pakistan is enacting a strategic two phase import policy to stabilize domestic sugar prices. The Trading Corporation of Pakistan plans to import a total of 350,000 tons of sugar, starting with an initial tender for 200,000 tons, followed by a secondary tender for 150,000 tons. Importantly, the government has removed all duties and taxes on these imports, aiming to ease inflationary pressures while ensuring transparency and quality throughout the importation process.

Speaker 1:

India is poised for a notable increase in sugar production by the twenty twenty five-twenty six season. The National Federation of Cooperative Sugar Factories forecasts a 19% rise, reaching 35,000,000 metric tons. Although the government maintains export restrictions to secure domestic supplies, it is permitted an additional 1,000,000 metric tons for export, affecting global market dynamics. Meanwhile, the expansion of the Bhag Pat sugar mill in Uttar Pradesh is set to enhance cane crushing capacity, further benefiting local agriculture. Thailand's sugar production is on an upward trajectory, with expectations of a 14% year over year increase for twenty twenty four Tata twenty five, totaling 10,000,000 metric tons.

Speaker 1:

This rise contributes to downward pressure on global sugar prices. Efforts are underway in partnership with Isabella State University to introduce high yielding sugarcane varieties, aiming to boost productivity. Brazil, the dominant force in global sugar production, is seeing a decline due to adverse weather impacting its harvest. The twenty twenty five-twenty six projections for the Center South region forecast a 14.6% decrease year over year. Nonetheless, the increase in production from other major producers mitigates global supply concerns.

Speaker 1:

In The Philippines, the Sugar Regulatory Administration has sanctioned the import of 424,000 metric tons of sugar, despite having ample domestic buffer stocks. This strategy is designed to ensure continued availability for consumption and reserve, classifying the imports as reserve sugar to safeguard future supply. The South African sugar industry is contending with a 30% tariff imposed by The United States on its exports, which may impact its competitiveness in the American market. This development poses a threat to an industry that supports many livelihoods, compounded by a surge of cheaper, subsidized sugar imports from abroad. The South African cane growers are urging government intervention to defend against these unfair trade practices.

Speaker 1:

Barbados faces internal challenges amid a successful sugarcane harvest. Despite a promising yield of 96,000 tons of sugarcane yielding 3,800,000 kilograms of sugar and 6,800,000 kilograms of molasses, industry control disputes cast a shadow over capitalizing on these economic benefits. Remember, our CropGPT site contains far more details and reports about the sugar market, including crop health reports, twenty years of weather data, and even pricing data and earning call analysis. This podcast is just a few selected highlights for the week.