CropGPT - Sugar - Week 38
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This episode highlights the latest developments in the global sugar market.
- In Pakistan, sugarcane crops are under severe pressure due to widespread pest outbreaks, notably perilla and whitefly. These pests have spread from the north to southern regions, causing substantial damage. The government has launched farmer awareness campaigns and is promoting the use of insecticides such as imidacloprid. Despite these interventions, the migration of pests continues to threaten the country’s sugarcane output.
- Ukraine's sugar sector is experiencing a downturn, with four major refineries, including Kapitanivsky and Krasylivsky, opting out of operations for the 2025–2026 season. Industry overcapacity and weak demand are the main drivers behind these closures, raising long-term concerns about domestic production viability.
- In India’s Karnataka state, sugarcane farmers are calling for increased support. Concerns include losses from excessive rainfall, low support prices, and delayed payments. Farmers demand higher state advisory pricing over the existing fair and remunerative price structure, along with compensation for crop damage.
- China’s pledge to send 19,000 tons of refined sugar to North Korea coincides with the 80th anniversary of the Workers' Party. The aid aims to stabilize North Korea’s food prices and improve public sentiment, reflecting both humanitarian and diplomatic motivations.
- Meanwhile, in Islamabad, Pakistani authorities have introduced standardized sugar pricing to prevent profiteering and ensure affordability. As of mid-September 2025, the retail price is fixed at Rs. 177 per kilogram, marking a clear effort to stabilize domestic markets amid global price volatility.
- Collectively, these developments reflect the complex mix of agronomic, economic, and political factors shaping sugar market trends worldwide.
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