October NY world sugar #11 (SBV26) closed up +0.55 (+3.09%) on Tuesday, and October London ICE white sugar #5 (SWV26) closed up +19.60 (+3.81%).
Sugar prices settled sharply higher on Tuesday after the International Sugar Organization (ISO) projected a global sugar deficit. ISO on Tuesday projected a 2026/27 global sugar deficit of -200,000 MT after a projected +1.1 MMT surplus for 2025/26.