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The weekly report on the global Sugar market for week 39. Brought to you by CropGPT
Sugar news, weather, pricing, production and predictions
Welcome to the weekly summary of the global sugar market for 09/28/2025. For more information on any aspect of this report, please visit the CropGPT website for far more detailed reporting and analysis. In Malaysia, the Galen Centre for Health and Social Policy is advocating for the termination of sugar subsidies. This move comes in light of the RM300 million revenue generated from taxes on sugar sweetened beverages, starkly contrasting the RM500 million allocated annually to subsidize sugar. Galen's chief executive officer, Azrael Khalib, argues that these subsidies inadvertently contribute to health issues like diabetes, kidney, and heart diseases, incurring vast financial and human costs.
Speaker 1:Simultaneously, Khalib calls for removing outpatient and specialist care fees at public health facilities to alleviate financial burdens on healthcare seeking individuals. Transitioning to India, specific developments in Uttar Pradesh and Uttarakhand's sugar sector emerge. Kisan Cooperative Sugar Mill in Bijnur faces challenges in enhancing its crushing capacity to 5,000 tons of cane per day due to limited sugarcane supplies, as highlighted by Kumar Vineet from the Uttar Pradesh Cooperative Sugar Mill Federation. Meanwhile, Lakshmi Sugar Mill in Iqbalpur intends to clear INR 20 crore INR in unsettled cane payments as it preps for the new crushing season. The mill is extending worker shifts to ensure seamless operation and secure timely sugarcane supplies.
Speaker 1:In Bihar, the government has introduced an extra payment of INR10 per quintal on sugarcane beyond the set price for the upcoming season. This is part of broader initiatives aimed at bolstering farmers, including subsidies on agricultural tools and promoting jaggery production units. In The Philippines, there's a noteworthy re entry of the Sugar Regulatory Administration into the International Society of Sugar Cane Technologists Congress, after a forty year absence. This move is set to incorporate global best practices, with an emphasis on refining local sugarcane varieties through molecular breeding to improve yield and climate resilience. Brazil reports an upsurge in sugar demand, contributing to a worldwide increase in sugar prices.
Speaker 1:Despite climate impacts and market demands causing production volatility, Brazil achieved an 18% year on year increase in sugar output in the August. However, growing concerns loom over sugar allocation toward ethanol production, given the soaring crude oil prices. Globally, there's a noticeable shift in sugar prices on exchanges, shaped by demand and supply dynamics. Stonex projects a global sugar surplus of 2,800,000 metric tons for the season. As India plans to divert excess sugar to ethanol, and potentially increases exports due to surplus conditions, environmental and market factors continue to drive production and pricing adjustments.
Speaker 1:Major producers, including Brazil, India, and Thailand, remain pivotal in shaping market dynamics via production changes and export strategies. Overall, these developments underscore the intricate relationship between government policies, economic strategies, health considerations, and international trade demands, collectively redefining the operational and financial terrain of the global sugar industry. 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.