Raw and white sugar futures climb 0.7% and 1.6% to one-year highs

Raw sugar futures on ICE rose 0.7% to 17.68 cents per pound at 1308 GMT after reaching 17.99 cents, their highest level in more than a year. White sugar futures gained 1.6% to $550.70 per ton after touching $564.40, the highest level since March 2025. Traders cited potential production cuts linked to El Niño weather patterns and the possibility that India, the world’s second-largest sugar producer, may begin importing sugar because of record domestic prices. India’s government has ordered bulk consumers using more than 10 metric tons of sugar monthly to limit inventories to a maximum 15-day supply. Brazil’s Conab (national crop agency) forecast sugar production would fall 2.9% to 42.9 million tons in 2026/27.

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