Concerns over Brazil's sugar supplies lead to price increase, with global sugar deficit forecast raised.

From Yahoo Finance: 2025-06-27 14:30:00

Sugar prices saw a sharp increase on Friday due to JPMorgan Chase revising Brazil’s sugar outlook to a deficit for 2025/26. Prices had plummeted recently due to expectations of a global sugar surplus. India’s projected increase in sugar production and expected abundant rainfall are bearish for prices. Global sugar output is expected to rise, with Brazil, India, and Thailand all projected to increase production. Reduced sugar production in Brazil and an increase in sugar imports from Pakistan provide some support for prices. The International Sugar Organization raised its global sugar deficit forecast to a 9-year high. The USDA projects record sugar production and consumption for 2025/26.



Read more at Yahoo Finance: Concern Over Brazil’s Sugar Supplies Lifts Prices