Sugar prices edge higher amid global supply concerns and weather disruptions

Key points

• The International Sugar Organization forecasts a global sugar deficit of 200,000 metric tonnes for the 2026/27 season, indicating tightening supply.
• Weather disruptions in Asia and Europe are tightening the global sugar outlook, with recent estimates pointing to a potential deficit in 2026/27.
• Sugar futures have been trading near 18 cents per pound, holding close to their highest since April 2025, amid lingering concerns over the supply outlook.
• Sugar prices have risen 4.27% over the past month and are up 12.89% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.