World market - Latest Sugar News - Incubator

Last week, prices for the world sugar NY #11 rose by 1.57%, while London white sugar ICE #5 went up by 1.18%. Prices continue to rise due to the decrease in global sugar production, reports Barchart.

The FAO Food Price Index remained stable at 127.1 in March 2025, with prices for meat and oil increasing, but with prices for grain and sugar decreasing. The situation is caused by a decrease in demand for sugar and increased supplies after rains in Brazil, however, crop forecasts in India and Brazil support the rise in sugar prices.

Prices for May futures for sugar NY #11 and London white sugar ICE #5 have decreased. This is due to Trump's retaliatory tariffs, lowering oil prices, and a potential increase in sugar production because of cheaper ethanol.

A new soft brain implant made of silicone has been created, which is inserted using a needle made of sugar. It is recognized as one of the softest in history and allows to avoid rejection by the body. The implant is capable of interacting with the brain without inflammatory reactions.

According to Bloomberg, the growth of biofuel production and demand for agricultural resources has led to a doubling in prices for corn, beans, palm oil, and sugar. Energy companies plan to increase biofuel production in the coming years, which could sustain the rise in food prices until 2023.

Louis Dreyfus Company (LDC) has sold a 45% stake in ADQ. The deal helped to repay a $1.05 billion loan. The partnership opens up new opportunities for LDC and accelerates investments in new and existing areas. -finnews

Hurricane Ida damaged 48,000 hectares of sugarcane crops in Louisiana, potentially reducing the harvest by 16-29%. Louisiana is the second largest producer of sugar after Florida. Sugar mills were not affected, and production delays are not expected. The losses in the state's sugar sector amount to $59 million.

France has transferred fuel stocks to sugar producers due to a possible production halt caused by a fuel shortage for machinery. The decision was made following a meeting with the Minister of Agriculture.

The increase in precipitation complicates the operation of Brazil's export ports, causing delays in loading ships with soybeans, corn, and sugar. Heavy rains and high demand worsen the issue, leading to an increase in waiting time up to 33 days and a delay in sugar deliveries.

Prices for sugar have decreased after reaching a 12-year peak due to production cuts in India, Thailand, and Brazil.

The UK expects a better sugar beet harvest and increased profitability.

Production of sugar in India may decrease due to lack of rainfall, which could lead to sugar imports in 2024. The low productivity in Maharashtra and Karnataka raises concerns about export bans and the potential for India to become a net sugar importer. The production decrease could amount to 26.9 million tons, while domestic consumption is on the rise.

India has allowed the export of 1 million tonnes of sugar by September 2025 to regulate the domestic market. This decision will help factories get rid of stocks and support stable prices.