Sugar Futures Remain Subdued

2025-09-22 15:15 By Luisa Carvalho 1 min. read

Sugar futures traded near 15.2 cents per pound, the lowest level since late March 2021, on expectations of higher production in top growing countries.

According to Unica, output in Brazil’s Center-South region rose 18% in the second half of August, reaching 3.87 million tons.

Furthermore, the share of sugarcane destined for sugar production reached 54.20% in the second half of August, compared to 48.78% in the same period of the previous harvest, reinforcing the trend of greater direction of milling towards sweetener.

Strong cane crop prospects in other major producers, including India and Thailand, also weighed on prices.

In particular, reports indicated that India could export up to 4 million tonnes of the sweetener in the 2025/26 harvest, well above initial expectations of 2 million tonnes, thanks to plentiful monsoon rains.

At the same time, demand prospects for sugar remain weak, due to health-driven consumption trends, demographic shifts, and ongoing geopolitical headwinds.



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