Sugar #11 Oct '26 (SBV26)
Sugar #11 Futures Market News and Commentary
July NY world sugar #11 (SBN26) on Friday closed up +0.43 (+3.17%), and Aug London ICE white sugar #5 (SWQ26) closed up +19.30 (+4.34%).
Sugar prices rallied sharply on Friday, with NY sugar climbing to a 2-week high and London sugar jumping to a 2.75-month high. Sugar prices are soaring amid concerns that weak monsoon rains in India will lower sugar yields and reduce the country’s sugarcane harvest, the world’s second-largest. India’s Meteorological Department reported on Friday that India’s cumulative monsoon rainfall was 42% below normal as of June 26. India’s Earth Science Ministry warns that this year’s monsoon in India could be the weakest in 11 years. India’s monsoon season runs from June through September.Â
As a bullish factor, Unica on Monday reported that 2026/27 Brazil Center-Soth sugar production through May is 6.838 MMT, down -2.0% y/y as millers ramped up ethanol production. The percent of sugarcane used for sugar by Brazil’s sugar mills dropped to 41.42... Read more
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Barchart · Fri Jun 26, 1:25PM CDT
July NY world sugar #11 (SBN26 ) on Friday closed up +0.43 (+3.17%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +19.30 (+4.34%). Sugar prices...
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