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Barchart
Barchart
Rich Asplund

Expectations for a Global Sugar Surplus Undercuts Prices

India Brazil Thailand Green Pool Commodity Specialists ISO London NY USDA

March NY world sugar #11 (SBH25) Thursday closed down -0.19 (-0.96%), and March London ICE white sugar #5 (SWH25) closed down -5.90 (-1.12%).

Sugar prices Thursday retreated from a 7-week high and closed moderately lower.  The outlook for a global sugar surplus is undercutting prices after Green Pool Commodity Specialists projected the global sugar market will shift to a surplus of +2.7 MMT in the 2025/26 crop year, compared to a deficit of -3.7 MMT in 2024/25.

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