
October NY world sugar #11 (SBV25) today is up +0.02 (+0.12%), and October London ICE white sugar #5 (SWV25) is down -0.30 (-0.06%).
Sugar prices today are little changed as they consolidate recent losses. On Monday, sugar prices fell sharply to 1-week lows on the outlook for Brazil's sugar mills to boost sugar production after Covrig Analytics reported that Brazil's sugar mills are prioritizing sugar production over ethanol, crushing more cane for sugar. This trend is expected to continue as harvesting peaks, driven by drier cane crops that prompt mills to produce more sugar.