Learn more

October NY world sugar #11 (SBV24) Friday closed down -0.52 (-2.23%), and December London ICE white sugar #5 (SWZ24) closed down -17.70 (-2.98%). Sugar prices fell sharply on Friday, with London sugar posting a 1-week low on the outlook for larger global sugar surpluses. Researcher StoneX raised its global 2024/25 sugar surplus estimate on Friday to 2.0 MMT from a July estimate of 1.2 MMT, citing an improved production outlook in India and Thailand. Also, increased sugar production in Brazil is bearish for prices. Unica reported Friday that Center-South sugar production in the 2024/25 season t…

cuu