Morning Sugar Market Update – 09/08/2025
On 8 August 2025, sugar futures rose on supply concerns from Brazil. London White Sugar #5 closed at \$471.30 (+1.90%) and NYBOT Raw Sugar #11 at 16.25s (+1.50%). Reports suggest Brazil’s 2025/26 sugarcane output may fall below 600 MMT, far under Conab’s 663.4 MMT forecast, due to weaker cane yields.
Yesterday’s closing dated – 08/08/2025
◾London White Sugar #5 (SWV25) – 471.30 (+8.80)
◾NYBOT Raw Sugar #11 (SBV25) – 16.25s (+0.24)
◾USD/BRL- 5.4340 (+0.0104)
◾USD/INR – 87.489 (+0.043)
◾Corn (ZCU25) – 382-6s -1-6
◾Ethanol Chicago $/gal – 1.74250s (+0.01250)
◾Brent Crude – $66.59/bbl (+0.16)
◾BSE Sensex – 79,857.79 (-765.47)
◾NIFTY50 – 24,363.30 (-232.85)
October NY world sugar #11 (SBV25) on Friday closed up +0.24 (+1.50%), and October London ICE white sugar #5 (SWV25) closed up +8.80 (+1.90%).
Sugar prices settled sharply higher Friday on concern about smaller sugar supplies from Brazil. Covrig Analytics on Friday said that reports of smaller cane yields from Brazil’s sugar farmers may knock Brazil’s 2025/26 sugarcane production below 600 MMT, much lower than Brazilian government crop forecasting agency Conab’s forecast of 663.4 MMT.
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Source : Chinimandi
