Business · Energy & Commodities · 7 hrs ago
Raw sugar rose 9.8% in October as robusta coffee fell 6%
In October, raw sugar futures rose 9.8%, while robusta coffee futures fell 6%.
Sugar prices were supported by concerns that heavy rain in Brazil, the world's top sugar producer, could disrupt this year's crop.
But on Friday, sugar fell as Brazil's currency weakened, encouraging producers to sell sugar priced in US dollars.
Brazilian sugar output fell 27.1% in the first half of October compared with a year earlier, and more rain is forecast next week.
The rain could slow the harvest and reduce the sugar content of cane, while raising the chance of an early end to the harvest.
Robusta prices faced pressure from improving supplies, rising exchange stocks and the start of harvesting in Vietnam, the top producer.
Arabica coffee, by contrast, lost 1.2% in October as supplies improved.
Raw sugar futures gained 9.8% in October, while robusta coffee futures fell 6%.
On Friday, raw sugar fell 0.6% to 19.36 cents per pound.
Brazil’s weakened real encouraged sugar producers and exporters to sell dollar-priced futures.
Heavy rain in Brazil has raised concerns about sugar production and slowed harvesting.
Robusta coffee fell amid rising exchange stocks and the start of Vietnam’s harvest.
- Who
- Raw sugar and robusta coffee markets.
- What
- Raw sugar gained 9.8% in October, while robusta coffee lost 6%.
- When
- October 2026; the report was published on October 30.
- Where
- ICE futures markets; Brazil and Vietnam were cited as key producing countries.
- Why
- Sugar was supported by concerns about rain-related production problems in Brazil. Robusta was under pressure from rising exchange stocks and the start of Vietnam’s harvest.
This story does not have two clearly opposing sides.
Raw sugar futures fell 0.6% to 19.36 cents per pound as the market consolidated after three sessions of gains.
Raw sugar recorded a 9.8% gain for the month.
Robusta coffee recorded a 6% loss for the month.
- Raw sugar monthly move
- Up 9.8% in October
- Robusta coffee monthly move
- Down 6% in October
- Raw sugar Friday settlement
- 19.36 cents per pound, down 0.11 cent or 0.6%
- Brazil sugar production
- 1.87 million metric tons in the first half of October, down 27.1% year over year
- Vietnam harvest
- Getting underway as robusta came under pressure
What people are saying
The trade is weighing the collapse of the Brazilian real this week against more evidence of problems with this year’s production because of too much rain