Sugar prices crash 19.2% as global supply swells

(Kaieteur News) – Global sugar prices plunged by 19.2 per cent during the first half of 2026, largely due to surplus production in Brazil and India, the government’s 2026 Mid-Year Report has revealed.

“Sugar prices averaged US$0.32 per kilogramme, decreasing by 19.2 percent when compared with the average in the first half of 2025, largely reflecting surplus production in Brazil and India,” the report stated.

It said sugar prices are expected to average US$0.35 per kilogramme for the year, marginally below the US$0.37 per kilogramme recorded in 2025.