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Rich Asplund

Higher Sugar Production in India Pressures Prices

India ISO FAs ISMA London NY USDA

May NY world sugar #11 (SBK26) on Thursday closed down -0.29 (-1.90%), and May London ICE white sugar #5 (SWK26) closed down -6.40 (-1.45%).

Sugar prices tumbled to 2-week lows on Thursday and settled sharply lower.  Ramped up sugar production in India undercut prices on Thursday after India's National Federation of Cooperative Sugar Factories Ltd. reported that India's 2025-26 sugar output from Oct 1-Mar 31 was up +9% y/y to 27.12 MMT.

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