Sugar #11 Oct '25 (SBV25)
Sugar #11 Futures Market News and Commentary
October NY world sugar #11 (SBV26) closed up +0.60 (+3.56%) on Tuesday, and October London ICE white sugar #5 (SWV26) closed up +16.50 (+3.15%).
Sugar prices extended this month’s sharp rally on Tuesday, with NY sugar posting a 15-month high and London sugar posting a 16-month high. Tuesday’s leg-up in sugar prices came after Bloomberg reported that India is considering cutting import duties on sugar to boost supplies and lower prices ahead of an expected surge in demand during festival season. The move is a further sign of the supply strain facing the global sugar market, as India last imported sugar in substantial volumes during the 2017-18 season.
Sugar prices have surged this month, driven by the outlook for tighter future sugar supplies. On August 3, Covrig Analytics 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 on July 29 raised their global... Read more
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Barchart · Tue Aug 18, 1:25PM CDT
October NY world sugar #11 (SBV26 ) closed up +0.60 (+3.56%) on Tuesday, and October London ICE white sugar #5 (SWV26 ) closed up +16.50 (+3.15%). Sugar...
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