July NY world sugar #11 (SBN25) today is down -0.09 (-0.52%), and August London ICE white sugar #5 (SWQ25) is down -3.50 (-0.72%).
Sugar prices today 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.
