Sugar Prices Undercut by Concerns of a Global Supply Glut
Yahoo Finance·2025-10-09 18:28
March NY world sugar #11 (SBH26) on Thursday closed down -0.03 (-0.18%), and December London ICE white sugar #5 (SWZ25) closed up +0.40 (-0.09%). Sugar prices settled mixed on Thursday. Prices initially moved lower on Thursday, with NY sugar posting a one-week low and London sugar posting a four-year nearest-futures low. Sugar prices are under pressure due to a negative carryover from Tuesday, when Covrig Analytics projected a global sugar surplus of +4.1 MMT for the 2025/26 season. However, fund short ...