May Sugar Quota and Its Impact on Markets
28-Apr-2026 08:49 AM
May Sugar Quota and Its Impact on Markets
★ The Food Ministry has allocated a sugar sales quota of 2.25 million tonnes for May 2026, compared to 2.35 million tonnes in May 2025, 2.7 million tonnes in May 2024, and 2.4 million tonnes in May 2023—indicating a year-on-year decline in quota.
★ From January to May 2026, a total quota of 11.3 million tonnes has been released, compared to 11.5 million tonnes during the same period in 2025, marking a decline of 0.2 million tonnes.
★ Sugar consumption is typically highest during May–June due to rising summer temperatures.
★ Higher consumption combined with a lower quota may support sugar prices going forward.
★ Close monitoring of El Niño is essential; if rainfall is below normal, it could directly impact sugarcane production and shape future market dynamics.