Expectations for Abundant Global Supplies Undercut Sugar Prices
July NY world sugar #11 (SBN25 ) today is down -0.18 (-1.02%), and August London ICE white sugar #5 (SWQ25 ) is down -3.50 (-0.71%). Sugar prices today tumbled to 1-week lows on expectations for a global sugar surplus. On Wednesday, consultant Datagro projected a 2025/26 global sugar surplus of…