REPORTS

Barchart - Sugar prices settled mixed on Wednesday, with NY sugar sliding to a new 4.5-year nearest-futures low.

Sugar prices have been under pressure over the past seven months, with London sugar posting a 4.25-year low on Tuesday due to signs of higher sugar output in Brazil. Unica reported last Thursday that Brazil's Center-South sugar output in the second half of September rose by +10.8% y/y to 3.137 MT. Also, the percentage of sugarcane crushed for sugar by Brazil's sugar mills in the second half of September increased to 51.17% from 47.73% the same time last year. In addition, cumulative 2025-26 Center-South sugar output through September rose +0.8% y/y to 33.524 MMT.