Sugar #16 May '26 (SDK26)
Sugar #16 Futures Market News and Commentary
October NY world sugar #11 (SBV26) closed up +0.25 (+1.42%) on Monday, and October London ICE white sugar #5 (SWV26) did not trade, with markets closed in the UK for a holiday.
NY sugar settled sharply higher on Monday but remained below last Friday’s significant high as the outlook for a global sugar deficit underpins prices. 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 last Thursday.
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 in 2026/27 of -300,000 MT, compared to a June forecast for a +100,00... Read more
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Barchart · Mon Aug 31, 1:23PM CDT
October NY world sugar #11 (SBV26 ) closed up +0.25 (+1.42%) on Monday, and October London ICE white sugar #5 (SWV26 ) did not trade, with markets closed...
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