Sugar Posts Moderate Gains on the Outlook for a Smaller Global Surplus
March NY world sugar #11 (SBH25 ) Tuesday closed up +0.37 (+1.90%), and March London ICE white sugar #5 (SWH25 ) closed up +13.40 (+2.58%). Sugar prices rallied Tuesday after Covrig Analytics cut its 2025/26 global sugar surplus estimate to 4.1 MMT from a previous estimate of 5.2 MMT. Sugar…