
May NY world sugar #11 (SBK26) on Monday closed up +0.16 (+1.20%), and Aug London ICE white sugar #5 (SWQ26) closed up +5.30 (+1.29%).
Sugar prices moved higher on Monday amid signs of a smaller global sugar surplus. Sugar trader Czarnikow cut its 2026/27 global sugar surplus estimate on Monday to 1.1 MMT from 3.4 MMT in February, and cut its 2025/26 surplus estimate to 5.8 MT from 8.3 MMT.