March NY world sugar #11 (SBH26) today is down -0.16 (-1.06%), and March London ICE white sugar #5 (SWH26) is down -3.20 (-0.75%). Sugar prices are falling today amid higher Indian sugar output and a slide in crude oil prices.  The India Sugar Mill Association (ISMA) reported today that Indian sugar production from Oct 1-Dec 15 jumped +28% y/y to 7.8 MMT. More News from Barchart Weakness in crude oil (CLF26) undercuts ethanol prices and may prompt the world's sugar mills to divert more cane crushing ...

March NY world sugar #11 (SBH26) on Thursday closed down -0.06 (-0.40%), and March London ICE white sugar #5 (SWH26) closed down -1.90 (-0.45%). Sugar prices gave up early gains on Thursday and turned lower after crude oil prices plunged.  WTI crude (CLF26) tumbled to a 7-week low on Thursday, which undercuts ethanol prices and may prompt the world's sugar mills to divert more cane crushing toward sugar production rather than ethanol, thus boosting sugar supplies.   More News from Barchart Sugar pric ...

March NY world sugar #11 (SBH26) today is down -0.01 (-0.07%), and March London ICE white sugar #5 (SWH26) is down -0.80 (-0.19%). Sugar prices gave up early gains today and turned lower after crude oil prices plunged.  WTI crude (CLF26) tumbled more than -2% today to a 7-week low, which undercuts ethanol prices and may prompt the world's sugar mills to divert more cane crushing toward sugar production rather than ethanol, thus boosting sugar supplies.   More News from Barchart Sugar prices have retre ...

March NY world sugar #11 (SBH26) on Tuesday closed down -0.15 (-1.01%), and March London ICE white sugar #5 (SWH26) closed down -3.80 (-0.90%). Sugar prices tumbled to 3-week lows on Tuesday.  Weakness in the Brazilian real is weighing on sugar prices as the real (^USDBRL) fell to a 1.75-month low against the dollar on Tuesday.  The weaker real encourages export sales by Brazil's sugar producers. More News from Barchart Sugar prices are already under pressure due to ramped-up production in India.  Last ...

March NY world sugar #11 (SBH26) today is up +0.01 (+0.07%), and March London ICE white sugar #5 (SWH26) is down -2.90 (-0.68%). Sugar prices are mixed today.  Ramped-up sugar production in India is limiting the upside in sugar prices.  Last Monday.  The India Sugar Mill Association (ISMA) reported that Indian sugar production from Oct-Nov jumped +43% y/y to 4.11 MMT.  The ISMA also reported that 428 sugar mills in India were crushing cane as of November 30, up from 376 a year ago. More News from Barchar ...

March NY world sugar #11 (SBH26) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26) is down -0.40 (-0.09%). Sugar prices are slightly lower today as they consolidate this week's losses.  On Monday, sugar prices fell sharply to 1.5-week lows amid India's ramped-up sugar production.  The India Sugar Mill Association (ISMA) reported Monday that Indian sugar production from Oct-Nov jumped +43% y/y to 4.11 MMT.  The ISMA also reported that 428 sugar mills in India were crushing cane as o ...

March NY world sugar #11 (SBH26) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26) is down -2.90 (-0.68%). Sugar prices are moving lower today amid an outlook for larger sugar supplies from India.  On Monday, sugar prices fell sharply to 1-week lows amid India's ramped-up sugar production.  The India Sugar Mill Association (ISMA) reported Monday that Indian sugar production from Oct-Nov jumped +43% y/y to 4.11 MMT.  The ISMA also reported that 428 sugar mills in India were crushing ...

March NY world sugar #11 (SBH26) on Tuesday closed up +0.22 (+1.49%), and March London ICE white sugar #5 (SWH26) closed up +8.30 (+1.97%). Sugar prices rose on Tuesday amid bullish news from the European Union.  European sugar producers are expected to cut sugar acreage by 10% for the 2026-27 season, following a 10% drop in sugar beet acreage for the current 2025-26 season, according to a representative from the annual cane and beet growers conference in London. More News from Barchart On Monday, sugar ...

March NY world sugar #11 (SBH26) on Monday closed down -0.45 (-2.96%), and March London ICE white sugar #5 (SWH26) closed down -14.40 (-3.31%). Sugar prices fell sharply to 1-week lows on Monday as India ramped up sugar production.  The India National Federation of Cooperative Sugar Factories Ltd reported Monday that Indian sugar production from Oct-Nov jumped +50% y/y to 4.1 MMT.  The India Coop also reported that 424 sugar mills in India were crushing cane as of November 30, up from 382 a year ago, with ...

Core Insights - Sugar prices have shown mixed performance, with NY sugar reaching a 5-week high while London sugar declined slightly, influenced by the strength of the Brazilian real which discourages exports [1][2] Supply and Production - StoneX has revised Brazil's 2026/27 Center-South sugar production estimate down to 41.5 million metric tons (MMT) from 42.1 MMT, indicating potential supply constraints [2] - India's food ministry is considering increasing the price of ethanol for gasoline blending, which may lead to a shift in sugar production towards ethanol, thereby reducing sugar supplies [2] - The International Sugar Organization (ISO) forecasts a sugar surplus of 1.625 million metric tons for 2025-26, driven by increased production in India, Thailand, and Pakistan, contrasting with a previous deficit forecast [4] - Brazil's crop forecasting agency, Conab, has raised its 2025/26 sugar production estimate to 45 MMT, indicating robust output that may pressure prices [6] Market Dynamics - The outlook for global sugar supplies has negatively impacted prices since early October, with significant drops in both London and NY sugar prices due to anticipated surpluses [5] - Czarnikow has increased its global sugar surplus estimate for 2025/26 to 8.7 MMT, reflecting a growing concern over supply outpacing demand [5] - Brazil's Center-South sugar output in the second half of October rose by 16.4% year-on-year, with an increase in the percentage of sugarcane crushed for sugar, further contributing to the bearish outlook [6]