Sugar Futures at Over 1-Month Low

2025-12-18 15:06 By Luisa Carvalho 1 min. read

Sugar futures eased toward 14.4 cents per pound, their lowest since mid-November, partly due to a weakening Brazilian real stimulating exports from Brazil.

Adding to the downside, news emerged that major producer India may export more than initially planned this season, as the government tries to contain the sugar surplus.

Prices have dropped more than 25% so far this year amid improved supply prospects, driven by strong output from key producers.

The Indian Sugar Mills Association (ISMA) reported on December 15 that India's production in the period from October 1st to December 15th, 2025/26, increased by 28% compared to the prior year, reaching 7.83 million tons.

At the same time, output prospects in top producer Brazil.

In early November, Conab raised its 2025/26 harvest estimate to 45 million tons from 44.5 million.

Meanwhile, the USDA expects global sugar output to reach 189.3 million tons in the 2025/26 season, an 8.3-million-ton jump that should help ease recent supply jitters.



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