Sugar Supply and Demand

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Strength in Crude Oil Sparks Short Covering in Sugar
Yahoo Finance· 2025-09-23 18:26
October NY world sugar #11 (SBV25) on Tuesday closed up +0.41 (+2.69%), and December London ICE white sugar #5 (SWZ25) closed up +11.80 (+2.62%). Sugar prices recovered from early losses on Tuesday and moved sharply higher after a +1% rally in crude oil prices (CLX25) sparked short covering in sugar futures. Stronger crude prices benefit ethanol prices and could prompt global sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies. More News from ...
Sugar Prices Weighed Down by Abundant Global Supplies
Yahoo Finance· 2025-09-22 16:25
October NY world sugar #11 (SBV25) today is down -0.11 (-0.71%), and December London ICE white sugar #5 (SWZ25) is down -3.30 (-0.72%). Sugar prices are sliding today, with London sugar posting a new 4-year low. Sugar prices have been sliding over the past six months, with NY sugar slumping to a 4.25-year nearest-futures low last Thursday on ramped-up sugar production in Brazil. Last Wednesday, Unica reported that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 ...
Sugar Prices Sink as Global Supplies Build
Yahoo Finance· 2025-09-18 18:23
October NY world sugar #11 (SBV25) on Thursday closed down -0.16 (-1.03%), and December London ICE white sugar #5 (SWZ25) closed down -4.50 (-0.98%). Sugar prices extended Wednesday's selloff on Thursday, with NY sugar slumping to a 4.25-year nearest-futures low and London sugar sliding to a 4-year low. Ramped-up sugar production in Brazil is boosting supplies and undercutting prices. Unica reported Wednesday that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 ...
Sugar Prices Slip on Prospects of Higher Indian Sugar Exports
Yahoo Finance· 2025-09-12 18:27
October NY world sugar #11 (SBV25) on Friday closed down -0.03 (-0.19%), and October London ICE white sugar #5 (SWV25) closed down -3.00 (-0.61%). Sugar prices fell for a second session on Friday on negative carryover from Thursday, when the Indian Sugar and Bio-energy Manufacturers Association said it has requested permission to export 2 MMT of sugar in the 2025/26 season beginning in October. India is the world's second-largest sugar producer. More News from Barchart Losses in sugar were limited on F ...
Strength in Crude Oil Lifts Sugar Prices
Yahoo Finance· 2025-09-09 16:22
价格表现 - 10月纽约11号糖期货上涨0.21点(+1.34%)伦敦5号白糖期货上涨3.10点(+0.65%)[1] - 原油价格上涨1%刺激糖价走强 因乙醇价格上升可能促使糖厂将更多甘蔗用于乙醇生产而非制糖[1] - 纽约糖价周一跌至4.25年新低 伦敦糖价跌至2.5周低点[2] 巴西生产动态 - 巴西中南部8月上半月糖产量同比增加16%至361.5万公吨[2] - 甘蔗制糖比例从去年同期的49.15%提升至55%[2] - 本年度累计糖产量同比下降4.7%至2288.6万公吨[2] - 糖厂优先生产糖而非乙醇 因干燥天气促使更多甘蔗用于制糖[3] - 巴西政府机构Conab将2025/26年度产量预估下调3.1%至4450万公吨[5] - 2024/25年度巴西糖产量下降3.4%至4411.8万公吨 因干旱和高温导致甘蔗单产降低[5] 全球供需预测 - 国际糖组织预测2025/26年度全球糖缺口23.1万公吨 较2024/25年度488万公吨缺口大幅改善[4] - 预计全球产量增长3.3%至1.806亿公吨 消费量增长0.3%至1.808亿公吨[4] - Czarnikow预测2025/26年度将出现750万公吨全球盈余 为8年来最大盈余[6] - 美国农业部预测全球产量增长4.7%至创纪录的1.89318亿公吨 期末库存增长7.5%至4118.8万公吨[6]