Sugar Prices Decline on the Prospects of Widening Global Surpluses
Yahoo Finance·2026-01-31 03:26
March NY world sugar #11 (SBH26) on Friday closed down -0.43 (-2.93%), and March London ICE white sugar #5 (SWH26) closed down -7.10 (-1.72%). This week's plunge in sugar prices continued on Friday, with NY sugar dropping to a 2.5-month low and London sugar sinking to a 5-year low. The outlook for global sugar surpluses and higher global sugar production is hammering prices. Green Pool Commodity Specialists said Thursday that they expect a 2.74 MMT global sugar surplus for 2025/26 and a 156,000 MT surp ...