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Barchart

Rich Asplund

Sugar Prices Sharply Lower on the Outlook for Higher Brazil Sugar Production

Brazil Conab India USDA Thailand FAs ISO London NY

March NY world sugar #11 (SBH26) on Tuesday closed down -0.43 (-2.94%), and December London ICE white sugar #5 (SWZ25) closed down -9.90 (-2.34%).

Sugar prices settled sharply lower on Tuesday and are just above last week's significant lows. Sugar prices retreated on Tuesday after Conab, Brazil's crop forecasting agency, raised its Brazil 2025/26 sugar production estimate to 45 MMT from a previous forecast of 44.5 MMT.

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