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Rich Asplund

YOU WONT BELIEVE: Sugar prices slump as the global supply situation improves - You Need To See This

India London NY Brazil USDA ISMA Thailand Unica

July NY world sugar #11 (SBN25) today is down -0.36 (-2.00%), and August London ICE white sugar #5 (SWQ25) is down -10.40 (-2.15%).

Sugar prices today are sharply lower, with NY sugar plummeting to a 3-3/4 year nearest-futures low and London sugar posting a 4-1/4 month low. Over the past two weeks, expectations for a global sugar surplus have hammered prices. Last Thursday, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% year-over-year (y/y) to a record 189.318 million metric tons (MMT), with a global sugar surplus of 41.188 MMT, up 7.5% year-over-year.

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