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Barchart
Barchart
Rich Asplund

NY Sugar Prices Fall to 4-year Low

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July NY world sugar #11 (SBN25) on Friday closed down -0.14 (-0.86%), and August London ICE white sugar #5 (SWQ25) closed down -1.00 (-0.21%).

NY sugar prices on Friday fell to a new 4-year nearest-futures low.  Sugar prices have fallen over the past 2-1/2 months due to expectations of a global sugar surplus.  On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% year-over-year (y/y) to a record 189.318 million metric tons (MMT), with a global sugar surplus of 41.188 MMT, up 7.5% year-over-year.

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