Sugar prices increase due to crude oil strength, potential global sugar deficit, mixed production forecasts.

From Yahoo Finance: 2025-06-25 12:36:00

Sugar prices saw a slight increase today with NY sugar up +0.13% and London ICE white sugar up +2.24%. This rebound follows a WTI crude oil rally that sparked short-covering in sugar futures. The USDA projects a global sugar surplus for 2025/26, with India, Brazil, and Thailand all expected to increase production. India’s 2024/25 sugar exports may fall below expectations due to decreased production. Thailand’s sugar production is up, while Pakistan plans to import sugar. Brazil’s sugar output is lower, and the ISO forecasts a global sugar deficit for 2024/25.



Read more at Yahoo Finance: Sugar Prices Recover on Strength in Crude Oil