Many sugar cubes by Pasja1000 through the Peakhabay
October NY World Sugar # 11 (SBV25) Closed Wednesday -0.12 (-0.76%) and London Ice White Sugar # 5 (SWQ25) – 3.90 (-0.84%)
Sugar prices were added to the sale of this week on Wednesday, NY October falls into a new contract and the closest futures of London sugar. Symptoms of healthy sugar supply between Tepid’s demand are aggravated at prices. On Tuesday, Ice futures reported 45.11 MT of NY sugar to solve the smallest amount, which ended in July 11 and weak demand, which ended on Monday. Monday, the nearest futures (SBN25) NY Sugar 4-1 / 4 years older futures are low.
The expectations of larger sugar supplies limit the lower part of the sugar price. Monday, the goods trader Czarnikow, 7.5 mm global sugar surplus in the 2025/26 season, the largest surplus of 8 years.
Sugar prices decreased in the last three months due to the expectations of a global sugar surplus. On May 22, USDA, two-year report, Global 2025/26 global 2025/26 Sugar production 41.3188 million metric ton (MMT) 41.318 million metric tons (MMT) will increase.
In India, the world’s second largest manufacturer, is the month of worldview for higher sugar production. On June 2, the India’s National Cooperative Sugar Factories Federation will rise to 85 MMT to 35 MMT in the larger planted cane planting areas of India. The outlook for plenty of rain in India can cause a bumper sugar product with a bear for prices. On April 15, the Ministry of Earth Sciences predicted a normal monsoon above this year, with a total of 105% of the total rain. The Monsoon season of India continues in June-September.
Signs of greater global sugar exit are negative for prices. On May 22, USDA’s Foreign Agriculture Service (Moroccan) predicted that 2,35% of Sugar production of Brazil will be loaded with 2.3% of 44.7 mm. In addition, India’s 2025/26 sugar production will rise to 35.3 MMT and up to 35.3 MGOs and increased to 35.3 MGOs, and the likes increased. In addition, Thailand is expected to remain up to 10.3 MMT to 2025/26 sugar production.
In the Bearish factor, on January 20, the restrictions on the sugar mill in 2023, the restrictions on sugar exports in 1 mm said he said. India allowed only 6.1 MM of sugar to export only 6.1 MMT in September 2022/23 after allowing 11.1 MMT exports in the 2022/23 season. However, IMA projects will produce 2024/25 sugar in India – 17.5% will fall from 5 years to 5 years. In addition, Isma was reported to be 25.74 MMT of Sugar Production of India, May 1, May 15, which was 20% from the same period last year. In addition, India’s Food Secretary Chopra May 2024/25 Sugar Export of India may be only 800,000 MT and 1 MMT expectations.
The worldview for higher sugar production in Thailand is a month for sugar prices. On May 2, the Thai cane and sugar staff office, 2024/25 sugar production in Thailand, said it rose to + 14% y or 10.00 MMT. Thailand is the world’s third largest sugar manufacturer and the second largest sugar exporter.
Sugar prices support a number of sugar production in Brazil. Monday, on Monday, in mid-June, 2025/26 Brazil Central-South Sugar access is from -14.6% to 9,404 MMT. Last month, the Brazilian government plant forecasting agency, 2024/25 Brazilian Sugar production, Drought and excessive heating Brazilian sugar production -3.4% Y / Y / Y / Y;
The International Sugar Organization (ISO) 2024/25 global sugar deficit forecast increased to 9 years to 15.47 MMT to -5.47 MMT to -4.88 MMT. This shows a compressing market after 1.31 MMT after 2023/24 global sugar surplus. ISO also reduced the 2024/25 global sugar forecast for 175.5 mm to 174.8 MMT to 174.8 MMT.
USDA, on May 22, May 22, 2025/26 global 2025/26 Sugar production + 4.7% Y / Y’s record 2.7% Y / Ys and 2025/26 human sugar consumption forecasted to increase the record to 177,921 MMT. USDA also predicted that shares ending 2025/26 global sugar will rise to + 7.5% Y or 41,188 MMT.
On the day, the rich Asplund, this article did not have any positions (direct or indirect) in the securities. All information and information in this article are for informational purposes only. This article was originally published Barchart.com
