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FAO: The Food and Agriculture Organization's Sugar Price Index is expected to average 89.8 points in January 2026.
The FAO Sugar Price Index averaged 89.8 points in January 2026, down 0.9 points (1.0%) month-on-month and down 21.4 points (19.2%) year-on-year. The decline in this month’s index is mainly due to market expectations that global sugar supply will increase this year, with India’s production expected to rebound significantly and Thailand’s outlook remaining positive. Additionally, although Brazil’s proportion of sugarcane used for sugar production in the 2025/26 season has been slightly reduced, the overall production outlook remains optimistic, further reinforcing expectations of ample global supply and exerting downward pressure on international sugar prices.