OFFICIAL FAO INDICATOR
FOOD · MONTHLY
FAO Sugar Price Index
index (2014-2016=100) · Base: 2014-2016 = 100 · Food and Agriculture Organization of the United Nations ↗
ANIMSTOK MARKET SUMMARY
Rule-based analysis · Based on 139 published observations
Medium Confidence
The FAO Sugar Price Index rose sharply in July 2026, rising 5.6% month-on-month. The index is below last year's level, having fallen 8.0% over the past year. At 95.0, it stands 5% below its 2014–2016 base period.
Source: Food and Agriculture Organization of the United Nations (official)·Latest: July 2026·Calculation: deterministic rule-based prose, not AI-generated
CURRENT VALUE
95.0
index (2014-2016=100) · July 2026
MONTH-ON-MONTH
+5.6%
vs previous month
YEAR-ON-YEAR
-8.0%
vs same month last year
HISTORICAL CHART
139 observations · Jan 2015 – Jul 2026Dashed line = 2014–2016 base period (100). Data source: Food and Agriculture Organization of the United Nations (official).
OBSERVED MARKET PATTERN
Statistical patterns from published observations only — no event or trade evidence
- Tracking 5.0% below the 2014–2016 base period of 100
- 12-month direction: downward trend (−8.0% year-on-year)
- 3-month momentum: strengthening (index higher than 3 months ago)
- Price volatility: moderate (12-month coefficient of variation: 5.1%)
- Sustained downward run: 3 consecutive months of monthly declines (within the last 12 months)
WHY THIS MATTERS
Beverage Manufacturers
Sugar is the primary sweetener cost input for soft drinks, fruit juices, and flavoured beverages.
Confectionery
Candy, chocolate coating, and baked goods categories face input cost pressure when this index trends upward.
Ethanol Producers
International sugar prices shape the Brazil-India ethanol blending economics — cane diversion to sugar vs. ethanol is determined by price signals.
Distilleries
Molasses-based spirits production margins are correlated with the sugar price cycle because molasses availability tracks crushing decisions.
WHAT TO WATCH
Monitoring variables — not procurement recommendations
1Brazil Center-South cane crush data (UNICA, released twice monthly during the April–November harvest)
2Indian Sugar Mills Association (ISMA) production estimates (released monthly)
3Thailand and Australia harvest progress (January–April is the main production window for both)
4India sugar export policy and seasonal stock levels (October–September marketing year)
5Global crude oil price — higher oil raises ethanol demand, diverting cane away from sugar production
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EVIDENCE & METHODOLOGY
PublisherFood and Agriculture Organization of the United Nations
FrequencyMonthly (released ~6th of each month)
Base period2014-2016 = 100
Observations139 published observations · Jan 2015 – Jul 2026
Summary methodDeterministic rule-based prose computed from real observations — no language model involved
Confidence logicFreshness (days since latest) + historical depth + corroborating datasets (0 linked) + FAO source quality
Official sourcehttps://www.fao.org ↗
MethodologyFAO methodology notes ↗
ATTRIBUTION
Food and Agriculture Organization of the United Nations. 2026. FAO Sugar Price Index. Accessed August 15, 2026. https://www.fao.org. Licence: https://www.fao.org/contact-us/terms/en/. AnimStok does not claim Food and Agriculture Organization of the United Nations endorsement. The AnimStok Market Summary is rule-based analysis, not Food and Agriculture Organization of the United Nations content.