In October, the average value of the FAO price index for sugar was 6.6 per cent higher than in September and 28.8 per cent higher than last year’s figure. Thus, the FAO index for this product continued to rise for the fourth consecutive month, reaching its highest level since December 2024.
This significant rise is primarily due to disruptions to the harvesting and processing of sugarcane caused by rainfall in Brazil. A further factor driving up sugar prices was concern amongst global market operators regarding a possible reduction in sugar production in India, Thailand and the European Union during the 2026–27 season.
Compared with September’s levels, the average FAO price index for vegetable oils rose by 0.3 per cent, whilst those for milk and dairy products, meat and cereals fell by 1.1 per cent, 1.2 per cent and 4.5 per cent respectively.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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