REPORTS

Barchart - Sugar prices fell sharply on Thursday as a rally in the dollar index ($DXY) to a 2-week high spurred long liquidation in sugar futures.  

On Wednesday, sugar prices posted 1-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.