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Rich Asplund

INSANE: Ny sugar prices fall back on some long liquidation pressure - The Real Truth

NY India Brazil London ISMA ISO Thailand FAs The India Sugar Mill Association USDA

March NY world sugar #11 (SBH26) today is down -0.11 (-0.72%). March London ICE white sugar #5 (SWH26) on Wednesday closed up +3.30 (+0.76%), and the London market on Friday remained closed as part of the Christmas holiday.

NY sugar prices today ran into some long liquidation pressure after the rally seen earlier this week. Sugar prices rallied earlier this week on Tuesday's forecast by consulting firm Safras & Mercado that Brazil's sugar production in 2026/27 will fall -3.91% to 41.8 MMT from 43.5 MMT expected in 2025/26. The firm expects Brazil's exports in 2026/27 to fall -11% y/y to 30 MMT.

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