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Market Impact: 0.25

Sugar Prices Settle Higher on the Outlook for a Smaller Global Surplus

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsAnalyst Insights

Sugar futures rose on Monday, with May NY world sugar #11 up 0.16 cents, or 1.20%, and Aug London ICE white sugar #5 up 5.30 points, or 1.29%. The move was driven by signs of a smaller global sugar surplus after trader Czarnikow cut its 2026/27 surplus estimate. The update is supportive for sugar prices, but the article provides only a modest supply-side adjustment rather than a major market shock.

Analysis

Sugar futures rose on Monday, with May NY world sugar #11 up 0.16 cents, or 1.20%, and Aug London ICE white sugar #5 up 5.30 points, or 1.29%. The move was driven by signs of a smaller global sugar surplus after trader Czarnikow cut its 2026/27 surplus estimate. The update is supportive for sugar prices, but the article provides only a modest supply-side adjustment rather than a major market shock.

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Market Sentiment

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mildly positive

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0.20