The cost of sugar is falling due to the forecast of oversupply in the global market: sugar trading ended in the negative.
agricultural products
Sugar

The cost of sugar is falling due to the forecast of oversupply in the global market: sugar trading ended in the negative.

On the New York Stock Exchange, the price of world sugar #11 fell by 0.26 to 19.36 (-1.33%), while on the London Stock Exchange, white sugar #5 decreased by 4.20 to 555.70 (-0.75%). This is due to the forecast of a sugar surplus in the global market next year, with an expected +182 thousand tons in 2024/25.

23 May 2025 23 May 2025

Midweek trading on the New York Stock Exchange ended with a decline of -0.26 (19.36; -1.33%) for the world sugar No. 11 (SBV24), while trading in white sugar No. 5 (SWV24) closed on the London Stock Exchange with a loss of -4.20 (555.70; -0.75%), as reported by Barchart.

The cost of sugar moderately decreased midweek in light of the forecast of an excess of sugar in the global market next year. The analytical company Covrig stated that it expects an excess of +182,000 tonnes in 2024/25, which exceeds the previous estimate of a deficit of -2.6 million tonnes.

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