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This is your Daily Sugar Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Sugar Price Tracker, your source for the latest news and actionable insights into the global sugar market. I’m Vanessa Clark, and today is Friday, October seventeenth, twenty twenty-five.
Let’s dive right into today’s big update. Sugar prices have slipped again, with trading economics reporting a closing price of fifteen point five two cents per pound. That is a drop of one point eight percent from yesterday and it marks the lowest levels we’ve seen in over three weeks. For a little context, sugar was hovering near sixteen point one cents at the end of September but has pulled back since, and get this, the price is almost thirty percent lower than it was a year ago.
So what’s driving this sharp downturn? It all comes down to supply and demand, and right now, the supply side is weighing heavily on prices. This month, Covrig Analytics and BMI Group projected a significant global sugar surplus for the twenty twenty-five to twenty twenty-six season — BMI even sees the surplus reaching over ten million metric tons. On top of that, global production is forecast to rise by four percent to nearly one hundred ninety million tons, mostly thanks to bumper crops in India and Brazil.
Speaking of Brazil, the latest data from Unica shows sugar production in the country’s Center-South region hit just over three point one million tons in the second half of September — that’s up almost eleven percent from last year and higher than analysts were expecting. Strong harvests in India and Thailand are also hitting the market, and recent favorable monsoons have boosted India’s outlook further, setting the stage for bigger exports and more pressure on global prices.
Even though the numbers seem relentless, producers and traders are keeping an eye on several wildcards. For example, wet harvest conditions and market uncertainty in the U S, combined with the effects of changing regulations and consumer demand, could throw a wrench in these forecasts as the season continues.
But what does this mean for you? If you’re in the food industry, a manufacturer, or simply watching the grocery budget, lower sugar prices could eventually trickle down to retail products. At the same time, if you’re involved in commodities or trading, it’s a reminder of the need to monitor global production updates and weather patterns, especially in key exporter regions like Brazil, India, and Thailand.
Looking ahead, analysts expect sugar prices to stay soft in the short term, with forecasts suggesting levels just above fifteen cents by the end of the quarter and slightly lower a year from now if the global surplus materializes as expected. Still, market dynamics can change quickly, so staying informed is key.
That wraps up today’s episode of the Daily Sugar Price Tracker. I’m Vanessa Clark, and I hope you found these updates useful. Don’t forget to follow and subscribe so you never miss an episode. Tune in next time for more fresh updates and practical tips to navigate the sugar market with confidence. Thanks for listening, and have a sweet day!
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