October NY world sugar #11 (SBV25) is down -0.12 (-0.76%), and October London ICE white sugar #5 (SWV25) is down -1.50 (-0.31%).
Sugar prices today have extended this week's slide, with NY sugar falling to a 2-month low and London sugar posting a 2-week low. Sugar prices remain under pressure due to the outlook for higher sugar production in Brazil. Last Friday, Unica reported that Brazil's Center-South sugar output in the first half of August rose by +16% y/y to 3,615 MT. Also, the percentage of sugarcane crushed for sugar by Brazil's sugar mills in the first half of August increased to 55.00% from 49.15% the same time last year. However, cumulative 2025-26 Center-South sugar output through mid-August is down -4.7% y/y to 22.886 MMT.
