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Barchart
Barchart
Rich Asplund

Sugar Prices Decline as India Ramps Up Sugar Production

India Brazil London NY ISO Thailand FAs ISMA USDA

March NY world sugar #11 (SBH26) on Thursday closed down -0.11 (-0.75%).  March London ICE white sugar #5 (SWH26) closed down -2.70 (-0.64%).

Sugar prices extended this week's sell-off on Thursday, with NY sugar falling to a 1-month low and London sugar dropping to a 2-month low.  Strength in India's sugar production is undercutting prices after the National Federation of Cooperative Sugar Factories Ltd., a sugar producers group in India, reported Thursday that the country's 2025-26 sugar output climbed to 15.9 MMT from Oct 1-Jan 15, up +21% y/y.  

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