Global Sugar Deficit Fears Underpin Prices
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Global Sugar Deficit Fears Underpin Prices
October NY world sugar #11 (SBV26 ) closed up +0.27 (+1.63%) on Monday, and October London ICE white sugar #5 (SWV26 ) closed up +11.80 (+2.31%). Sugar prices settled sharply higher on Monday, with London sugar posting a 16-month high. The outlook for a global sugar deficit is underpinning sugar...
New Delhi: Sugar prices have risen sharply in global and Indian markets. Concerns about production in major sugar-producing regions and fears of a global sugar shortage in the 2026-27 season have supported prices. According to a CNBC-TV18 report, the market is bullish. Raw sugar prices have touched a one-year high of 16.6 cents per pound. White sugar prices have also touched a 15-month high. Sugar prices in India have risen by about 10 percent i…
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