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Barchart
Barchart
Rich Asplund

The Outlook for a Smaller Global Surplus Boosts Sugar Prices

India Czarnikow ISO Brazil Ethanol FAs ISMA London NY USDA

May NY world sugar #11 (SBK26) today is up +0.21 (+1.58%), and Aug London ICE white sugar #5 (SWQ26) is up +6.90 (+1.67%).

Sugar prices are climbing today on signs of a smaller global sugar surplus.  Sugar trader Czarnikow cut its 2026/27 global sugar surplus estimate today 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.  

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