Sugar #11 Oct '26 (SBV26)
Sugar #11 Futures Market News and Commentary
October NY world sugar #11 (SBV26) on Tuesday closed up +0.03 (+0.20%), and October London ICE white sugar #5 (SWV26) closed up +3.20 (+0.69%).
Sugar prices extended their 3-session rally on Tuesday, with NY sugar posting a 3.5-week high and London sugar posting a 4-week high. The outlook for tighter future sugar supplies is propelling prices higher after Covrig Analytics on Monday said it now expects a global sugar deficit in 2026/27 of -300,000 MT, compared to a June forecast for a +100,00 MT surplus. Meanwhile, Green Pool Commodity Specialists last Wednesday raised their global 2026/27 sugar deficit to -3.3 MMT from a June estimate of -1.76 MMT, and StoneX last Tuesday raised its 2026/27 global sugar deficit forecast to -1.7 MMT from a May estimate of -550,000 MT.
Concerns over India’s sugar crop are supporting prices. Last Friday, India’s Meteorological Department said that monsoon rainfall in India during August and September “will likely be below normal.” India’... Read more
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