Barchart - Sugar prices settled lower on Tuesday on the outlook for ample global supplies. Last Wednesday, Unica reported that 2026/27 Brazil Center-South sugar production in April rose +55.3% y/y to 2.475 MMT, driven by higher yields, with sucrose per ton of cane at 112.58 kilograms, up +5.4% from the same time last year.
Strength in Thailand's sugar exports, the world's second-largest, is also bearish for prices. Thailand's 2026 sugar exports Jan-Apr rose +29% y/y to 1.6 MMT.