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Barchart

Rich Asplund

Improved Supply Outlook Undercuts Sugar Prices

India USDA London NY Thailand Brazil Citigroup Conab Covrig Analytics Deficit

July NY world sugar #11 (SBN26) today is down -0.19 (-1.34%), and Aug London ICE white sugar #5 (SWQ26) is down -2.80 (-0.65%).

Sugar prices added to this week's losses today, with NY sugar falling to a 1-month low and London sugar falling to a 5-week low. Prices are sliding today on negative carryover from Wednesday, when Unica reported that 2026/27 Brazil Center-South sugar production in April rose +55.3% y/y to 2.475 MMT, driven by higher yields, with sucrose per ton of cane at 112.58 kilograms, up +5.4% from the same time last year.

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