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Barchart
Barchart
Rich Asplund

Sugar Prices Undercut by Ample Global Supplies

March NY world sugar #11 (SBH26) today is down -0.02 (-0.14%), and March London ICE white sugar #5 (SWH26) is down -1.60 (-0.39%).

Sugar prices extended their week-long plunge today, with NY sugar falling to a 2.5-month low and London sugar dropping to a 5-year low.   The outlook for global sugar surpluses and higher global sugar production is hammering prices.  Last Thursday, Green Pool Commodity Specialists said that they expect a 2.74 MMT global sugar surplus for 2025/26 and a 156,000 MT surplus for 2026/27.  Also, StoneX said last Friday it expects a global sugar surplus of 2.9 MMT in 2025/26.

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