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Barchart

Rich Asplund

INSANE: Sugar prices slump on expectations for robust global supplies | Rare Historical Photos

Brazil India Unica Conab Green Pool Commodity Specialists London the Indian Sugar and Bioenergy Manufacturers Association USDA

July NY world sugar #11 (SBN25) Thursday closed down -0.09 (-0.52%), and August London ICE white sugar #5 (SWQ25) closed up +1.00 (+0.20%).

Sugar prices settled mixed on Thursday, with July NY sugar posting a 3-3/4 year nearest-futures low. The outlook for higher Brazil sugar production is undercutting prices. On Wednesday, Unica reported that Brazil Center-South sugar production for the first half of April rose +1.3% y/y to 731,000 MT. Today's report from Unica is the first report for the 2025/26 season. On Tuesday, Conab forecast Brazil's 2025/26 Brazil sugar production would climb +4.0% y/y to 45.875 MMT.

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