Sugar #11 May '26 (SBK26)
Sugar #11 Futures Market News and Commentary
May NY world sugar #11 (SBK26) on Monday closed down -0.03 (-0.20%), and May London ICE white sugar #5 (SWK26) did not trade with UK markets closed for the Easter Monday holiday.
NY sugar prices slid to a 2-week low and settled lower on Monday due to negative carryover from last Thursday when India's National Federation of Cooperative Sugar Factories Ltd. reported that India's 2025-26 sugar output from Oct 1-Mar 31 was up +9% y/y to 27.12 MMT.
Losses in sugar prices were limited on Monday after the Brazilian real (^USDBRL) rallied to a 3.5-week high against the dollar. The stronger real discourages export sales from Brazil's sugar producers.
Higher sugar production in Brazil is also bearish for sugar prices. On March 27, Unica reported that cumulative 2025-26 Center-South sugar output (October through mid-March) is up +0.7% y/y to 40.25 MMT, with sugar mills boosting the amount of cane crushed for sugar to 50.61% from 48.08% last year.
Last Monday, NY sugar... Read more
Barchart Mon Apr 6, 1:28PM CDT
May NY world sugar #11 (SBK26 ) on Monday closed down -0.03 (-0.20%), and May London ICE white sugar #5 (SWK26 ) did not trade with UK markets closed for...
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