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Rich Asplund

Sugar Prices Fall Back as Covrig Forecasts a Global Sugar Glut

India NY Brazil USDA ISO Thailand Conab London Unica

March NY world sugar #11 (SBH26) on Tuesday closed down -0.18 (-1.07%), and December London ICE white sugar #5 (SWZ25) closed down -6.40 (-1.38%).

Sugar prices gave up an early advance on Tuesday and turned lower, with NY sugar falling from a 1.75-month nearest-futures high. Sugar prices retreated after Covrig Analytics projected a +4.1 MMT global sugar surplus for the 2025/26 season.

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