Sugar Futures Continue to Ease

2026-03-11 16:23 By Luisa Carvalho 1 min. read

Sugar futures in the US eased further to trade slightly below 14.3 cents per pound, down from recent one-month highs of 14.6 per pound, pressured by ample global supply, which helped temper recent volatility from oil price swings driven by geopolitical tensions.

The consulting firm Hedgepoint noted that the 2025/26 season continues to point to an oversupplied market, supported by strong Brazilian production and expectations of Northern Hemisphere recovery.

Meanwhile, market fundamentals show that while global sugar supply still exceeds demand, the margin is narrowing.

Broker StoneX cut its forecast for a global sugar surplus in the current 2025/26 season to just 870,000 tons from 2.9 million tons, driven by India’s reduced harvest and shifts in Brazil’s production patterns.



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