October NY world sugar #11 (SBV25) today is up +0.08 (+0.51%), and December London ICE white sugar #5 (SWZ25) is up +3.00 (+0.6%). Sugar prices are climbing today as signs of stronger demand have sparked some mild short covering.  Pakistan said today that it has booked 320,000 MT of sugar for delivery next month. More News from Barchart The prospects of abundant global supplies are weighing on sugar prices.  On Tuesday,  NY sugar posted a 4.25-year nearest-futures low, and London sugar posted a 4-year l ...

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 ...

October NY world sugar #11 (SBV25) today is down -0.07 (-0.45%), and December London ICE white sugar #5 (SWZ25) is down -4.20 (-0.91%). Sugar prices gave up an early advance today and turned lower on the prospects 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, switching from a deficit of ...

October NY world sugar #11 (SBV25) on Monday closed down -0.21 (-1.36%), and December London ICE white sugar #5 (SWZ25) closed down -4.70 (-1.03%). Sugar prices sold off on Monday, 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% ...

October NY world sugar #11 (SBV25) on Wednesday closed down -0.36 (-2.26%), and December London ICE white sugar #5 (SWZ25) closed down -6.70 (-1.44%). Sugar prices tumbled to 1-week lows on Wednesday and settled sharply lower as Brazil ramps up sugar production.  Unica reported Wednesday that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 MT.  Also, the percentage of sugarcane crushed for sugar by Brazil's sugar mills in the second half of August increased to 54. ...

October NY world sugar #11 (SBV25) today is down -0.09 (-0.56%), and October London ICE white sugar #5 (SWV25) is down -3.20 (-0.65%). Sugar prices are under pressure today after 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 On Monday, NY sugar tumbled to a 4.25-year nearest-futures low, and London sugar fell to a 2 ...

价格表现 - 10月纽约11号糖期货价格上涨0.09点（涨幅0.57%）伦敦5号白糖期货上涨6.60点（涨幅1.37%）受原油价格上涨推动[1] - 原油价格上涨1%推高乙醇价格 可能促使全球糖厂将甘蔗压榨转向乙醇生产 从而减少糖供应[1] 巴西生产动态 - 8月上半月巴西中南部糖产量同比增长16%至361.5万公吨 用于制糖的甘蔗比例从去年同期的49.15%升至55%[2] - 巴西糖厂优先生产糖而非乙醇 因干燥天气促使工厂生产更多糖 该趋势在收割高峰期预计持续[3] - 截至8月中旬 2025-26年度累计糖产量同比下降4.7%至2288.6万公吨[2] 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488万公吨缺口改善[4] - 预计2025-26年度全球糖产量增长3.3%至1.806亿公吨 消费量增长0.3%至1.808亿公吨[4] - 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] 市场预期分歧 - Czarnikow预测2025-26年度全球糖供应过剩750万公吨 为8年来最大盈余[6] - 美国农业部预计全球糖产量增长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]

糖价表现 - 10月纽约11号糖期货价格上涨0.21美元（1.34%） 伦敦5号白糖期货价格上涨3.60美元（0.75%） 受WTI原油价格上涨近1%推动空头回补[1] - 原油走强提升乙醇价格 可能促使全球糖厂将甘蔗压榨转向乙醇生产而非制糖 从而减少糖供应[1] 巴西生产动态 - 8月上半月巴西中南部糖产量同比增长16%至361.5万公吨 甘蔗制糖比例从去年同期的49.15%升至55%[2] - 巴西糖厂优先生产糖而非乙醇 因干燥作物条件促使糖厂生产更多糖 该趋势在收割高峰期预计持续[3] - 截至8月中旬 2025-26年度累计糖产量同比下降4.7%至2288.6万公吨[2] 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488万公吨缺口改善 为连续第六年短缺[4] - 预计2025-26年度全球糖产量增长3.3%至1.806亿公吨 消费量增长0.3%至1.808亿公吨[4] - 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 2024-25年度产量下降3.4%至4411.8万公吨因干旱和高温导致甘蔗单产降低[5] 供应过剩预期 - 交易商Czarnikow预测2025-26年度全球糖供应过剩750万公吨 为八年来最大盈余[6] - 美国农业部预计2025-26年度全球糖产量增长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]