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Barchart
Barchart
Rich Asplund

Sugar Prices Fall on Projections for Record Global Sugar Production

India London NY Brazil USDA ISMA Unica

July NY world sugar #11 (SBN25) Friday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed down -4.50 (-0.92%).

Sugar prices on Friday extended this week's sell-off, with NY sugar posting a 2-week low and London sugar posting a 4-month low.  Over the past week, expectations for a global sugar surplus have hammered prices.  On Thursday, the USDA, in its bi-annual report, projected that global 2025/26 sugar production would climb +4.7% y/y to a record 189.318 MMT with a global sugar surplus of 41.188 MMT, up +7.5% y/y.

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