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Barchart
Barchart
Rich Asplund

Lower Sugar Output in India Lifts Prices

India London NY Brazil Thailand ISO USDA

March NY world sugar #11 (SBH25) Tuesday closed up +0.40 (+2.08%), and March London ICE white sugar #5 (SWH25) closed up +12.70 (+2.47%).

Sugar prices Tuesday posted moderate gains, with NY sugar climbing to a 4-week high and London sugar climbing to a 7-week high.  Reduced sugar output in India boosted prices after Centrum reported Tuesday that India's 2024/25 sugar production from October 1 to January 31 was down -12.2% y/y to 16.5 MMT.

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