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Market Impact: 0.18

Sugar Prices Settle Lower as the USDA Projects a Sugar Surplus in India

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsInvestor Sentiment & Positioning

May NY world sugar #11 fell 0.10 cents to 14.57 cents/lb (-0.68%) and Aug London ICE white sugar fell $5.90/ton to $438.60/ton (-1.33%) after giving up an early advance. Prices weakened as the USDA projected a 2026/27 sugar surplus in India, adding a modestly bearish supply outlook for the market.

Analysis

May NY world sugar #11 fell 0.10 cents to 14.57 cents/lb (-0.68%) and Aug London ICE white sugar fell $5.90/ton to $438.60/ton (-1.33%) after giving up an early advance. Prices weakened as the USDA projected a 2026/27 sugar surplus in India, adding a modestly bearish supply outlook for the market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20