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Barchart

Rich Asplund

Sugar Prices Push Higher After Wilmar Cuts its Brazil Sugar Production Estimate

Brazil India Wilmar International London Thailand the Indian Sugar and Bioenergy Manufacturers Association USDA

March NY world sugar #11 (SBH25) today is up +0.13 (+0.58%), and December London ICE white sugar #5 (SWZ24) is up +4.80 (+0.84%).

Sugar prices today are moderately higher and found support after food processor Wilmar International cut its 2024/25 Brazil Center-South sugar production estimate to 38.2 MMT-39.5 MMT from a September estimate of 38.3 MMT-40.8 MMT, citing limited rain and high temperatures.

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