The average price of white sugar on the world market decreased by 9 percent
The average price of white sugar on the world market in May 2024 was 512 euros/ton, almost 9 percent lower than in April. On the London Mercantile Exchange (LIFFE), the front-month quote for white sugar dropped from 560 dollars (USD)/ton on July 8, with fluctuations, to 541 dollars/ton on July 19. The front-month contract for raw sugar followed this trend and settled at $411/ton on July 19.

(Photo: Pixabay)
According to data from the European Commission, the average price of white sugar in the EU in May 2024 was 828 euros/ton, unchanged compared to the previous month. For data protection reasons, the European Union cannot publish the processing price of white sugar per member country, so it forms three regional average prices from the reported data of the member countries and makes them public. In May, the average price of region 1 (Austria, Czech Republic, Denmark, Finland, Hungary, Lithuania, Poland, Sweden, Slovakia) was 774 euros/ton, about 1 percent less than the previous month. The average price of the dominant producing countries belonging to region 2 (France, Germany, the Netherlands, Belgium) was 838 euros/ton, decreasing by approximately 1 percent during the observed period. Region 3, which includes the southern countries, Bulgaria, Spain, Greece, Croatia, Italy, Portugal and Romania, reached the highest average price, 876 euros/ton, which was 1 percent lower than the previous month.
AKI PÁIR
Related news
Information report on spring agricultural work
The winter of 2024–2025 was – similarly to previous years…
Read more >Beekeepers receive 5.8 billion forints of animal welfare support annually
The participants in one of the smallest and most important…
Read more >The packing house price of table eggs increased significantly in the first 16 weeks of 2025
According to AKI PÁIR data, the packing house prices of…
Read more >Related news
Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany…
Read more >Food truck season kicks off with a goulash cannon and a dachshund race
Hundreds of years old “food trucks” are arriving at Kincsem…
Read more >Tourist bus connecting Saxony attractions launched in Transylvania under the name UNESCO bus
A tourist service called UNESCO Bus has been launched in…
Read more >