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Barchart
Barchart
Rich Asplund

Expectations for Abundant Supplies Pressures Sugar Prices

India Brazil Conab ISMA Unica USDA

July NY world sugar #11 (SBN25) Tuesday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed down -2.40 (-0.49%).

Sugar prices on Tuesday settled lower and posted 1-1/2 week lows.  Over the past week, expectations for a global sugar surplus have weighed on prices.  Last Wednesday, consultant Datagro projected a 2025/26 global sugar surplus of +1.53 MMT, recovering sharply from a 2024/25 global sugar deficit of -4.67 MMT.  Meanwhile, StoneX projects a 2025/26 global sugar surplus of +3.74 MMT.

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