Global sugar prices are down due to lower crude oil prices

From Yahoo Finance: 2025-06-24 12:31:00

Sugar prices are down globally, with New York sugar hitting a 4-year low due to a 5% drop in crude oil prices. Expectations of a global sugar surplus have led to falling prices, especially with projections of increased sugar production in India, Brazil, and Thailand. The International Sugar Organization forecasts a global sugar deficit for 2024/25. Pakistan plans to import sugar due to a poor sugarcane harvest.



Read more at Yahoo Finance: Sugar Prices are Undercut by Lower Crude Oil Prices