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Barchart
Barchart
Rich Asplund

Sugar Prices Consolidate This Week's Losses

October NY world sugar #11 (SBV25) today is down -0.07 (-0.46%), and December London ICE white sugar #5 (SWZ25) is down -0.50 (-0.11%).

Sugar prices today are little changed as they consolidate this week's sharp losses.  On Thursday, NY sugar slumped to a 4.25-year nearest-futures low, and London sugar slid to a 4-year low.   Ramped-up sugar production in Brazil is boosting supplies and undercutting prices.  Unica reported Wednesday that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 MT.  Also, the percentage of sugarcane crushed for sugar by Brazil's sugar mills in the second half of August increased to 54.20% from 48.78% the same time last year.  However, cumulative 2025-26 Center-South sugar output through August fell -1.9% y/y to 26.758 MMT.

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