Barchart - Sugar prices settled sharply higher on Tuesday after the International Sugar Organization (ISO) projected a global sugar deficit. ISO on Tuesday projected a 2026/27 global sugar deficit of -200,000 MT after a projected +1.1 MMT surplus for 2025/26.
Sugar prices have rallied sharply over the past month, with NY sugar posting a 16.5-month high last Friday and London sugar posting a 17-month high on Aug 20.