Sugar prices hit 4-year lows due to expectations of global surplus, negative for sugar market.

From Yahoo Finance: 2025-06-18 12:38:00

Sugar prices today extended their 3-month-long slide, hitting 4-year lows due to expectations of a global sugar surplus. Fund short covering lifted London sugar into positive territory, but the outlook for improving global sugar supplies continues to weigh on prices. India and Brazil are projected to see significant increases in sugar production, adding to the bearish sentiment. Thailand, on the other hand, reported a rise in sugar production, adding to the negative outlook for prices. Despite reduced sugar production in Brazil, the International Sugar Organization raised its global sugar deficit forecast to a 9-year high, indicating a tightening market. The USDA also projected record sugar production and consumption for 2025/26, along with increased global sugar ending stocks.



Read more at Yahoo Finance: Sugar Prices Slump to 4-Year Lows as the Global Supply Outlook Improves