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Barchart
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Rich Asplund

BIZARRE: Sugar prices slip on the outlook for global surpluses - You Need To See This

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March NY world sugar #11 (SBH26) on Thursday closed down -0.01 (-0.07%), and March London ICE white sugar #5 (SWH26) was unchanged.

Sugar prices extended this week's slide on Thursday, with NY sugar falling to a 1.5-week low and London sugar falling to a 2.5-month low.   The outlook for global sugar surpluses and higher global sugar production is weighing on prices.  Green Pool Commodity Specialists said Thursday that they expect a 2.74 MMT global sugar surplus for 2025/26 and a 156,000 MT surplus for 2026/27.

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