Morning Sugar Market Update – 22/08/2025
Sugar futures closed lower on Thursday, August 21, 2025, with October NY raw sugar #11 down 0.22 at 16.35¢/lb (-1.33%) and October London white sugar #5 down 7.00 at \$482.60/ton (-1.43%). Prices fell on forecasts of higher exports — India’s 2025/26 exports projected at 1.5 MMT and Thailand’s at 7.6 MMT, up 11.8% year-on-year.
Yesterday’s closing dated – 21/08/2025
◾London White Sugar #5 (SWV25) – 482.60s (-7.00)
◾NYBOT Raw Sugar #11 (SBV25) – 16.35s (-0.22)
◾USD/BRL- 5.4710 (-0.0119)
◾USD/INR – 87.390 (+0.123)
◾Corn (ZCU25) – 388-2 +1-0
◾Ethanol Chicago $/gal – 1.81500s (+0.03500)
◾Brent Crude – $67.67/bbl (+0.83)
◾BSE Sensex – 81644.39 (+370.64)
◾NIFTY50 – 24980.65 (+103.70)
October NY world sugar #11 (SBV25) on Thursday closed down -0.22 (-1.33%), and October London ICE white sugar #5 (SWV25) closed down -7.00 (-1.43%).
Sugar prices retreated on Thursday on the outlook for stronger sugar exports from India and Thailand. Hedgepoint Global Markets on Thursday said that it expects India’s 2025/26 sugar exports of 1.5 MMT, higher than a previous estimate of 500,000 MT. Also, it said it expects 2025/26 sugar exports from Thailand to climb +11.8% y/y to 7.6 MMT.
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Source : Chinimandi
