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Rich Asplund

Sugar Prices Knocked Lower by Projections for a Global Sugar Surplus

India NY Brazil USDA ISO London Conab Thailand Unica

March NY world sugar #11 (SBH26) today is down -0.35 (-2.08%), and December London ICE white sugar #5 (SWZ25) is down -9.40 (-2.02%).

Sugar prices gave up an early advance today 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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