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Barchart
Barchart
Rich Asplund

Sugar Climbs on Signs of Smaller Brazil Sugar Output

Brazil India NY Wilmar International London Thailand the Indian Sugar and Bioenergy Manufacturers Association USDA

March NY world sugar #11 (SBH25) today is up +0.43 (+1.92%), and December London ICE white sugar #5 (SWZ24) is up +4.40 (+0.76%).

Sugar prices today are moderately higher, with NY sugar posting a 1-week high.  Sugar has carryover support from Monday when food processor Wilmar International cut its 2024/25 Brazil Center-South sugar production estimate to 38.2 MMT-39.5 MMT from a September estimate of 38.3 MMT-40.8 MMT, citing limited rain and high temperatures.  

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