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Barchart
Barchart
Rich Asplund

Sugar Prices See Continued Support from Safras Forecasts for 2026/27

Brazil India ISO ISMA Thailand FAs London The India Sugar Mill Association USDA

March NY world sugar #11 (SBH26) today is up +0.12 (+79%), and March London ICE white sugar #5 (SWH26) closed +3.30 (+0.76%).

Sugar prices are seeing continued support from the forecast by consulting firm Safras & Mercado, released on Tuesday, that Brazil's sugar production in 2026/27 will fall -3.91% to 41.8 MMT from 43.5 MMT expected in 2025/26.  The firm expects Brazil's exports in 2026/27 to fall -11% y/y to 30 MMT.

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