Expectations of Ample Supplies Weigh on Sugar Prices
Yahoo Finance·2025-09-24 18:42
October NY world sugar #11 (SBV25) on Wednesday closed down -0.02 (-0.13%), and December London ICE white sugar #5 (SWZ25) closed down -4.10 (-0.89%). Sugar prices gave up an early advance on Wednesday and turned lower due to the prospect of abundant global supplies. On Tuesday, NY sugar posted a 4.25-year nearest-futures low, and London sugar posted a 4-year low as they extended their 7-month downtrend. StoneX on Tuesday projected a global sugar surplus of +2.8 MMT for the upcoming 2025/26 season, swi ...