Sugar Market and Sugar Industry: Overview and Trends - Fork Cast

Forecasts of low sugar production levels in Cuba due to the economic crisis have caused difficulties for rum producers. Resumption of work is expected at only one of the 25 plants, and production volume will be significantly lower than the 2019 level. The decline began after the collapse of the Soviet Union.

In early 2025, Russia increased molasses exports by 2.1 times compared to the previous year, earning $15 million. Turkey was the largest buyer, purchasing over 100,000 tons. The export of beet pulp also grew by 7%, with Morocco becoming the main consumer.

In the Tambov region, stricter control over the overload of agricultural machinery during harvest is planned. Excessive load of machines with sugar beets damages roads. In 2025, it is planned to tighten the practice.

On the New York Stock Exchange, the price of world sugar #11 fell by 0.26 to 19.36 (-1.33%), while on the London Stock Exchange, white sugar #5 decreased by 4.20 to 555.70 (-0.75%). This is due to the forecast of a sugar surplus in the global market next year, with an expected +182 thousand tons in 2024/25.

The sugar plant "Kamenskiy" continues to produce sugar from syrup reserves after the end of the beet season. The plant uses a unique technology for storing syrup under strictly controlled parameters.

Sugar production is automated, with productivity increased to 8.5 thousand tons. The products are supplied throughout Russia and for export.

"TASS reported that the Moscow City Court is considering an appeal against the arrest of Vadim Moshkovich, the founder of the Rusagro holding. "Syngenta" has initiated a lawsuit for 999 million rubles. As part of this case, Moshkovich and Maxim Basov are also accused of causing damage to the company in the amount of 30 billion rubles."

The State Duma Committee supported a bill on maximum markups for socially significant products, allowing regions to set markups up to 5% for wholesalers and up to 15% for retail. The goal is to prevent price increases and fairly distribute profits. The government expressed support and highlighted potential risks related to shortages and illegal schemes. The proposal requires further refinement.

Production of sugar in the 2025/26 season is expected to reach 6.2-6.8 million tons, thanks to the expansion of sugar beet cultivation areas. The cultivation area will increase to 1.173 million hectares, especially in the Central Chernozem region. Growth is expected to be between 1 to 4%, mainly in regions with completed crop processing. Yield will be average due to a warm winter, which may require additional plantings.

China is implementing drones for smart agriculture. Experienced pilots control fleets, treating crops with pesticides. In Bozhou, 3,000 drones boost production by 25% and assist in logistics. According to plans, by 2027, 10,000 drones will cover 4 million hectares of fields.

In 2024, the "Zherdevsky" plant processed 707 thousand tons of sugar beets, yielding 113 thousand tons of sugar. The quality of the raw materials remained high despite the unfavorable weather conditions.

In the new year of 2025, it is planned to increase the processing volume and carry out extensive equipment preparation. The shortage of experienced specialists remains a problem.

The government has postponed the payment of the environmental tax for manufacturers of self-propelled special machinery until December 2025. Decision No. 157 is aimed at supporting domestic enterprises and stabilizing the financial position in the face of economic difficulties.

The increase in precipitation complicates the operation of Brazil's export ports, causing delays in loading ships with soybeans, corn, and sugar. Heavy rains and high demand worsen the issue, leading to an increase in waiting time up to 33 days and a delay in sugar deliveries.