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Barchart
Rich Asplund

Sugar Prices Erase Early Losses as Conab Cuts Its Brazil Sugar Production Forecast

Conab Brazil India USDA NY London Thailand

October NY world sugar #11 (SBV25) on Tuesday closed up +0.01 (+0.06%), and October London ICE white sugar #5 (SWV25) closed up +1.40 (+0.29%).

Sugar prices shook off early losses on Tuesday and posted modest gains after Conab, Brazil's government crop forecasting agency, cut its Brazil 2025/26 production estimate by -3.1% to 44.5 MMT from a previous estimate of 45.9 MMT.  

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