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Barchart
Barchart
Rich Asplund

NY Sugar Prices Rise as Rain Delays Brazil Harvest

Brazil NY India Deficit USDA London Thailand Covrig Analytics El Niño FAs

October NY world sugar #11 (SBV26) closed up +0.16 (+0.91%) on Wednesday, and December London ICE white sugar #5 (SWZ26) closed down -1.90 (-0.37%).

Sugar prices settled mixed on Wednesday. Sugar prices found support on concerns that rains in Brazil are slowing the country’s sugarcane harvest. However, prices fell back from their best levels, with London sugar falling into negative territory, after StoneX narrowed its 2026/27 global sugar deficit estimate to -900,000 MT from a July estimate of -1.7 MMT.

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