REPORTS

Barchart - Sugar prices settled sharply lower for a second day on Friday amid weakness in the Brazilian real. The real (^USDBRL) tumbled to a 5-week low against the dollar on Friday, encouraging export sales from Brazil's sugar producers.  

On Wednesday, sugar prices climbed to 1.5-week highs amid an outlook for tighter global sugar supplies. India banned sugar exports for four months, until September 30, to protect local supplies. Also, Datagro raised its 2026/27 global sugar surplus deficit estimate to -3.17 MMT from -2.26 MMT previously. On Tuesday, StoneX predicted that the global sugar market will fall into a -550,000 MT deficit during the 2026/27 season from a 2.3 MMT surplus in the 2025/26 season.