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Barchart
Barchart
Rich Asplund

DARK SECRETS: Sugar prices slip as india may boost sugar exports | Vintage Vibes

India Brazil NY USDA Conab London Thailand

October NY world sugar #11 (SBV25) on Tuesday closed down -0.10 (-0.62%), and December London ICE white sugar #5 (SWZ25) closed down -0.10 (-0.02%).

Sugar prices settled lower on Tuesday on concerns that India may boost its sugar exports more than expected.  On Tuesday, sugar trader Sucden said that India may divert 4 MMT of sugar to make ethanol in 2025/26, which is not enough to ease the country's sugar surplus and may prompt India's sugar mills to export as much as 4 MMT of sugar, above earlier expectations of 2 MMT.

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