- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Sugar Prices Pressured by Abundant Supply Expectations
Forecasts of higher sugar production in India, Brazil, and Thailand weigh on global prices
Apr. 13, 2026 at 4:24pm
Got story updates? Submit your updates here. ›
Abundant global sugar supplies weigh on prices, as major producers ramp up output.NYC TodaySugar prices are slightly lower today, pressured by expectations of abundant global supplies. India's government has no plans to ban sugar exports this year, easing concerns about supply constraints. Higher sugar production in Brazil and India, as well as the potential for more sugar to be diverted to ethanol production, are contributing to the bearish outlook.
Why it matters
Sugar is a globally traded commodity, and its price fluctuations can impact food and beverage manufacturers, as well as consumers. Abundant global supplies could lead to lower sugar prices, benefiting these industries, but may also signal challenges for sugar producers and exporters trying to maintain profitability.
The details
Sugar prices are under pressure due to expectations of higher sugar production in major producing countries like India, Brazil, and Thailand. India's government has indicated it has no plans to ban sugar exports, which had been a concern earlier. Meanwhile, increased sugar output in Brazil and India, as well as the potential for more sugar to be diverted to ethanol production, are contributing to the bearish outlook for prices.
- On April 2, India's National Federation of Cooperative Sugar Factories Ltd. reported that India's 2025-26 sugar output from Oct 1-Mar 31 was up 9% year-over-year to 27.12 million metric tons.
- On March 27, Unica reported that cumulative 2025-26 Center-South sugar output in Brazil (October through mid-March) is up 0.7% year-over-year to 40.25 million metric tons.
- On March 30, NY sugar rallied to a 6-month high, and London sugar climbed to a 6.25-month high, driven by strength in crude oil prices.
The players
India's Food Secretary
The government official who stated that India has no plans to ban sugar exports this year, easing concerns about supply constraints.
National Federation of Cooperative Sugar Factories Ltd.
An Indian industry group that reported on the country's higher sugar output for the 2025-26 season.
Unica
The Brazilian sugarcane industry association that reported on higher sugar production in the Center-South region of Brazil for the 2025-26 season.
What they’re saying
“The government has no plans to ban sugar exports this year, easing concerns that it could divert more sugar to make ethanol following the Iran war disruption to crude oil supplies.”
— India's Food Secretary
The takeaway
The global sugar market is facing a potential surplus in the 2025-26 season, driven by increased production in major exporting countries like India and Brazil. This could lead to lower sugar prices, benefiting food and beverage manufacturers, but also posing challenges for sugar producers and exporters trying to maintain profitability.
