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Rich Asplund

Sugar Prices Slightly Lower on Adequate Global Supplies

ISO India the International Sugar Organization ISMA Brazil NY Thailand FAs London USDA

May NY world sugar #11 (SBK26) today is down -0.04 (-0.29%), and May London ICE white sugar #5 (SWK26) is down -0.20 (-0.05%).

Sugar prices are slightly lower today after the International Sugar Organization (ISO) forecast a +1.22 million MT sugar surplus in 2025-26, following a -3.46 million MT deficit in 2024-25. ISO said the surplus is being driven by increased sugar production in India, Thailand, and Pakistan. ISO is forecasting a +3.0% y/y rise in global sugar production to 181.3 million MT in 2025-26.

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