Sugar #16 Mar '27 (SDH27)
Sugar #16 Futures Market News and Commentary
October NY world sugar #11 (SBV26) closed up +0.55 (+3.09%) on Tuesday, and October London ICE white sugar #5 (SWV26) closed up +19.60 (+3.81%).
Sugar prices settled sharply higher on Tuesday after the International Sugar Organization (ISO) projected a global sugar deficit. ISO on Tuesday projected a 2026/27 global sugar deficit of -200,000 MT after a projected +1.1 MMT surplus for 2025/26.
Sugar prices have rallied sharply over the past month, with NY sugar posting a 16.5-month high last Friday and London sugar posting a 17-month high on Aug 20.
The European Union’s Sugar Market Observatory said last Thursday that EU 2026/27 sugar production is expected to drop -19% y/y to 13.4 MMT. Also, Green Pool Commodity Specialists last Thursday projected a 2026/27 global sugar deficit of -3.2 MMT and cut its global 2025/25 sugar surplus estimate to 4.85 MMT from a July estimate of 4.93 MMT.
On August 3, Covrig Analytics said it now expects a global sugar deficit... Read more
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October NY world sugar #11 (SBV26 ) closed up +0.55 (+3.09%) on Tuesday, and October London ICE white sugar #5 (SWV26 ) closed up +19.60 (+3.81%). Sugar...
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