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Barchart
Barchart
Rich Asplund

UNBELIEVABLE: Sugar prices tumble on rising global sugar production - Caught on Camera

March NY world sugar #11 (SBH26) on Friday closed down -0.09 (-0.63%), and December London ICE white sugar #5 (SWZ25) closed down -3.30 (-0.80%).

Sugar prices moved lower on Friday, with London sugar posting a 4.75-year nearest-futures low.  The outlook for robust global sugar supplies is pressuring prices.  On Thursday, NY sugar prices slumped to a 5-year nearest-futures low mainly due to higher sugar output in Brazil and talk of a global sugar surplus.   On Wednesday, sugar trader Czarnikow boosted its global 2025/26 sugar surplus estimate to 8.7 MMT, up +1.2 MMT from a September estimate of 7.5 MMT.  

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