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Barchart
Barchart
Rich Asplund

Sugar Prices Retreat on Expectations of Stronger Exports from India and Thailand

India Thailand Brazil USDA London NY

October NY world sugar #11 (SBV25) on Thursday closed down -0.22 (-1.33%), and October London ICE white sugar #5 (SWV25) closed down -7.00 (-1.43%).

Sugar prices retreated on Thursday on the outlook for stronger sugar exports from India and Thailand.  Hedgepoint Global Markets on Thursday said that it expects India's 2025/26 sugar exports of 1.5 MMT, higher than a previous estimate of 500,000 MT.  Also, it said it expects 2025/26 sugar exports from Thailand to climb +11.8% y/y to 7.6 MMT.

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