Sugar Prices Recover Early Losses as Brazil’s Sugar Production Shrinks
Sugar prices edged higher today after early losses, driven by short covering amid lower output in Brazil. UNICA reported a 6.8% year-on-year drop in Center-South sugar production for the first half of May to 2.408 million metric tons. Cumulative output for Brazil’s 2025/26 season through mid-May fell 22.7% year-on-year to 3.989 million metric tons.
Sugar prices today recovered from early losses and are slightly higher as short covering emerged on signs of smaller sugar output in Brazil. Unica reported today that Brazil 2025/26 Center-South sugar production for the first half of May fell -6.8% y/y to 2.408 MMT and that the cumulative 2025/26 Brazil Center-South sugar output through mid-May is down by -22.7% y/y to 3.989 MMT.
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Source : INKL
