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Rich Asplund

Sugar Prices Close Lower on Abundant Global Supplies

India Brazil ISMA ISO Thailand Czarnikow FAs London NY USDA

March NY world sugar #11 (SBH26) on Thursday closed down -0.17 (-1.18%), and March London ICE white sugar #5 (SWH26) closed down -3.90 (-0.95%).

Sugar prices retreated on Thursday, but remained above Monday's significant lows. The outlook for global sugar surpluses to persist is weighing on prices. On Wednesday, analysts from sugar trader Czarnikow said they expect a global sugar surplus of 3.4 MMT in the 2026/27 crop year, following an 8.3 MMT surplus in 2025/26.

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