The Outlook for Global Sugar Surpluses Weighs on Prices

March NY world sugar #11 (SBH26) today is down -0.04 (-0.27%), and March London ICE white sugar #5 (SWH26) is down -2.70 (-0.66%). Sugar prices extended this week's slide today, 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 today that they expect a 2.74 MMT global sugar surplus for 2025/26 and a 156,000 MT surplus for 2026/27. Mo ...