Analysis of total sugar:Customs data shows that China's sugar imports in July 2024 were 421,800 tons, a year-on-year increase of 279.66%, a month-on-month increase of 1424.74%, a significant increase in the same period; from January to July 2024, China's total sugar imports were 1.7239 million tons, an increase of 515,500 tons compared with last year's 1.2084 million tons, a range of 42.66%.

In July 2024, China's sugar exports were 6,900 tons, a year-on-year decrease of 62.25%, and a month-on-month decrease of 58.04%; from January to July 2024, China's total sugar exports were 106,600 tons, a year-on-year decrease of 36,000 tons, with a range of-33.81%.

Analysis of total sugar:Customs data shows that in July 2024, China imported 24,300 tons of sugar, with an average monthly price of US$6,53.11/ton; from January to July 2024, the cumulative import of sugar was 151,300 tons, a year-on-year decrease of 201,600 tons, with a range of-57.13%.

In July 2024, China's sugar exports were 4,800 tons, with an average monthly price of US$7,05.87/ton; from January to July 2024, the cumulative sugar exports were 52,900 tons, a year-on-year decrease of 29,300 tons, with a range of-35.66%.

The top three major importers in July: South Korea, Thailand, and Brazil; accounting for 62%, 20%, and 8% of imports respectively, with South Korea ranking first.

The top three major exporting countries in July: Mongolia, China Hong Kong, and the Philippines, accounting for 38%, 33%, and 20% respectively.

Analysis of total soft sugar: Customs data shows that China has no imports of soft white sugar in July 2024; China's total imports of soft white sugar from January to July 2024 are 540.00 tons.

In July 2024, China's soft white sugar exports were 1.03 tons; from January to July 2024, China's total soft white sugar exports were 566.20 tons.

Original: Wang Yaoxin 17732561807