Sugar prices are on the rise, with NY world sugar #11 up +0.12 and London ICE white sugar #5 up +3.30. Safras & Mercado predicts Brazil’s sugar production to fall -3.91% in 2026/27. India may allow more sugar exports due to a supply glut, impacting prices.

India’s sugar production is expected to increase by +18.8% y/y to 31 MMT, with a potential boost in sugar exports. Brazil also anticipates record sugar output, with estimates rising to 45 MMT. The International Sugar Organization forecasts a 1.625 million MT surplus, driven by increased production in India, Thailand, and Pakistan.

Thailand’s sugar crop is projected to increase by +5% y/y to 10.5 MMT, adding to global sugar production estimates. The USDA predicts a record 189.318 MMT of global sugar production in 2025/26, with Brazil and India leading the way. Global sugar ending stocks are expected to decrease by -2.9% y/y to 41.188 MMT.

Overall, the sugar market is influenced by various factors, including production estimates, export policies, and global supply-demand dynamics. The outlook for sugar prices remains volatile, with key producers like Brazil, India, and Thailand playing a significant role in shaping market trends.

Read more at Yahoo Finance: Sugar Prices See Continued Support from Safras Forecasts for 2026/27