Archive · 1 Jan 2026
Sugar Prices Drop Amid Surplus Outlook
Sugar prices are falling a lot this year.
They are expected to drop the most since 2017.
This is because there is a lot of sugar being produced, especially in Brazil and India.
Even though Thailand's sugar production is lower than expected, there is still too much sugar compared to what people want to buy.
Experts think prices might keep falling unless something unexpected happens, like a change in policy or bad weather.
Raw sugar prices have fallen about 22% this year, the biggest drop since 2017.
White sugar futures in London have also seen a significant decline of 15%.
Strong production in Brazil and India is leading to a surplus of sugar supplies.
Thailand's sugar output has been lower than expected, cutting the global surplus estimate.
Prices may continue to fall unless disrupted by unexpected policy shifts or adverse weather.
- Who
- Global sugar market, particularly Brazil, India, and Thailand
- What
- Significant drop in sugar prices due to surplus outlook
- When
- Throughout the year 2026, with notable changes in January
- Where
- Global market, with focus on Brazil, India, and Thailand
- Why
- Ample supplies from strong production in Brazil and India, coupled with subdued demand
- Current Year Drop
- 22%
- Biggest Annual Drop Since
- 2017
- White Sugar Futures Drop
- 15%
- Expected Global Surplus
- 3.6 million tons
- Thailand's Output Cut
- 400,000-450,000 tons