Global sugar outlook bearish on higher Indian, Thai output
Global sugar prices are expected to remain under pressure in the 2025-26 season starting October, driven by rising output in India and Thailand and steady production in Brazil. BMI, a unit of Fitch Solutions, attributes the continued price decline to strong supply projections. Raw sugar is at a four-year low, with prices down 15% since early 2025.
Global sugar prices will likely be under pressure in the 2025-26 season beginning in October as production in India and Thailand is expected to increase, while in Brazil, it is projected to be robust.
“Global sugar prices continue to decline, spurred by optimistic projections for an enhanced global supply outlook,” said research agency BMI, a unit of Fitch Solutions.
Currently, raw sugar futures on the InterContinental Exchange, New York, are ruling at a four-year low of 16.44 US cents a pound (₹31,325 a tonne). White sugar in London was quoted at $461.90 a tonne on Friday. While raw sugar futures dropped 2 per cent in May, white sugar slipped 3.8 per cent. Prices have declined by about 15 per cent lower since the start of 2025.
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Source : The Hindu Business line
