RV PRICE COMMENTARY - June 2025/26

The third provisional RV Price for the 2025/26 season, has been declared at R7 524.78 per RV ton. This represents a decrease of R63.92 per RV ton, compared to the previous RV price estimate.The lower RV Price estimate is mainly due to a reduced season weighted-average estimated No. 11 world sugar price (US18.04c/lb. vs US18.73c/lb.) and a stronger season weighted-average estimated Rand to US Dollar Exchange rate (R18.03/US$ vs R18.41/US$). Other negative factors included a marginally lower sugar to RV ratio (94.47% vs 94.60%) and a slightly lower local market demand estimate (1.498m vs 1.503m). Positive price factors this month included a decline in the gross sugar production estimate (1.988m vs 1.993m).