{"id":10211,"date":"2025-05-06T09:41:51","date_gmt":"2025-05-06T09:41:51","guid":{"rendered":"https:\/\/www.expanamarkets.com\/?post_type=insight&#038;p=10211"},"modified":"2026-03-02T10:03:10","modified_gmt":"2026-03-02T10:03:10","slug":"sugar-prices-decline-on-weaker-demand","status":"publish","type":"insight","link":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/","title":{"rendered":"Sugar Prices Decline on Weaker Demand"},"content":{"rendered":"\n<!-- .module.article-rich-text: start -->\n<div id=\"\" class=\"module article-rich-text pt-32 md:pt-48 xl:pt-56 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block [p_+_p]:mb-24\">\n\t<p>ICE NY #11 nearby raw sugar futures declined nearly 2% on the week due to limited demand. The volume of outstanding contracts in May <a href=\"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-2025-market-trends-and-outlook\/\">sugar futures<\/a> that expire today indicates delivery against those contracts will be substantial, according to market participants.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/library.urnerbarry.com\/Images\/Capture_80.PNG\" width=\"682\" height=\"418\" \/><\/p>\n<p>Additionally, the USDA\u2019s Foreign Agricultural Service estimated that Brazil\u2019s 2025\/26 sugar production would increase slightly y-o-y, totalling 44.7 million metric tons. Meanwhile, India\u2019s government eased restrictions on sugar exports in January, after limiting exports since 2023 to ensure sufficient domestic supplies. Also, Thailand has reported that sugar production for 2024\/25 has increased 14% y-o-y. Industry players anticipate this rise in production will have a bearish impact on prices, since Thailand is the world\u2019s third-largest sugar producer and the second-largest sugar exporter.<\/p>\n<p>The International Sugar Organization (ISO) raised its 2024\/25 global sugar deficit forecast from -4.88 million metric tons to -2.51 million metric tons, showing a tightening from a surplus in 2023\/24. The ISO cut its 2024\/25 global sugar production forecast to 175.5 million metric tons from an estimate of 179.1 million metric tons in November.<\/p>\n<p>The domestic market remains under pressure based on industry feedback. Sources tell Expana that some buyers are honoring contracts and placing product in storage, but most manufacturers do not have the capacity to store sugar. Also, weak demand in the spot market is adding pressure to forward contracting. <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.expanamarkets.com\/why-expana\/benchmark-pricing-forecasting\/\">Expana Benchmark Prices<\/a><\/span> for beet and cane sugar are flat on the week as a result.<\/p>\n<p>Image source: Shutterstock<\/p>\n\t<\/div>\n\t<!-- .module.article-rich-text: end -->","protected":false},"excerpt":{"rendered":"","protected":false},"author":74,"featured_media":10212,"template":"","tags":[197,137],"insight-theme":[202,166],"insight_topic":[299],"news_topic":[],"class_list":["post-10211","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-featured","tag-sugar-sweeteners","insight-theme-featured","insight-theme-weekly-market-insights","insight_topic-sugar-and-sweeteners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sugar Prices Decline on Weaker Demand<\/title>\n<meta name=\"description\" content=\"Discover the reasons behind the recent sugar price decline, including India&#039;s export policy changes and Brazil&#039;s production outlook.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:description\" content=\"Discover the reasons behind the recent sugar price decline, including India&#039;s export policy changes and Brazil&#039;s production outlook.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/\" \/>\n<meta property=\"og:site_name\" content=\"Expana\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-02T10:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2025\/05\/Sugarcane-shutterstock_569751070.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1272\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/\"},\"author\":{\"name\":\"Andraia Torsiello\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#\\\/schema\\\/person\\\/1c3289d159f7a92b40c060c1c6dd55ed\"},\"headline\":\"Sugar Prices Decline on Weaker Demand\",\"datePublished\":\"2025-05-06T09:41:51+00:00\",\"dateModified\":\"2026-03-02T10:03:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/\"},\"wordCount\":6,\"publisher\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.expanamarkets.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/Sugarcane-shutterstock_569751070.jpg\",\"keywords\":[\"Featured\",\"Sugar &amp; sweeteners\"],\"inLanguage\":\"en-US\",\"description\":\"\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/\",\"url\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/\",\"name\":\"Sugar Prices Decline on Weaker Demand\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.expanamarkets.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/Sugarcane-shutterstock_569751070.jpg\",\"datePublished\":\"2025-05-06T09:41:51+00:00\",\"dateModified\":\"2026-03-02T10:03:10+00:00\",\"description\":\"Discover the reasons behind the recent sugar price decline, including India's export policy changes and Brazil's production outlook.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.expanamarkets.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/Sugarcane-shutterstock_569751070.jpg\",\"contentUrl\":\"https:\\\/\\\/www.expanamarkets.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/Sugarcane-shutterstock_569751070.jpg\",\"width\":1920,\"height\":1272,\"caption\":\"Sugar and Sugar cane on leaf and wooden background\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/insights\\\/article\\\/sugar-prices-decline-on-weaker-demand\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.expanamarkets.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sugar Prices Decline on Weaker Demand\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#website\",\"url\":\"https:\\\/\\\/www.expanamarkets.com\\\/\",\"name\":\"Expana\",\"description\":\"Your market intelligence partner\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.expanamarkets.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#organization\",\"name\":\"Expana\",\"url\":\"https:\\\/\\\/www.expanamarkets.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.expanamarkets.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/expana-logo.png\",\"contentUrl\":\"https:\\\/\\\/www.expanamarkets.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/expana-logo.png\",\"width\":696,\"height\":696,\"caption\":\"Expana\"},\"image\":{\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/expanamarkets\\\/\"],\"description\":\"Expana is a commodity intelligence solution that transforms market data into smarter decisions for agrifood and related sectors.\",\"legalName\":\"Expana\",\"foundingDate\":\"1858-01-01\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"201\",\"maxValue\":\"500\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.expanamarkets.com\\\/#\\\/schema\\\/person\\\/1c3289d159f7a92b40c060c1c6dd55ed\",\"name\":\"Andraia Torsiello\",\"description\":\"Andraia Torsiello is Mintec\u2019s Market Reporter responsible for sugars and sweeteners as well as plant-based proteins. In her role, she is expanding Mintec's proprietary pricing of sugar, sweeteners, and starches in the US. She also publishes Mintec's plant-based protein coverage, which is a market she has researched and reported for most of her career. Prior to market reporting, Andraia was part of the editorial team at Urner Barry, where she aggregated and authored timely market news impacting the industry.\",\"url\":\"https:\\\/\\\/www.expanamarkets.com\\\/authors\\\/andraia-torsiello\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sugar Prices Decline on Weaker Demand","description":"Discover the reasons behind the recent sugar price decline, including India's export policy changes and Brazil's production outlook.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/","og_locale":"en_US","og_type":"article","og_description":"Discover the reasons behind the recent sugar price decline, including India's export policy changes and Brazil's production outlook.","og_url":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/","og_site_name":"Expana","article_modified_time":"2026-03-02T10:03:10+00:00","og_image":[{"width":1920,"height":1272,"url":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2025\/05\/Sugarcane-shutterstock_569751070.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#article","isPartOf":{"@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/"},"author":{"name":"Andraia Torsiello","@id":"https:\/\/www.expanamarkets.com\/#\/schema\/person\/1c3289d159f7a92b40c060c1c6dd55ed"},"headline":"Sugar Prices Decline on Weaker Demand","datePublished":"2025-05-06T09:41:51+00:00","dateModified":"2026-03-02T10:03:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/"},"wordCount":6,"publisher":{"@id":"https:\/\/www.expanamarkets.com\/#organization"},"image":{"@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#primaryimage"},"thumbnailUrl":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2025\/05\/Sugarcane-shutterstock_569751070.jpg","keywords":["Featured","Sugar &amp; sweeteners"],"inLanguage":"en-US","description":""},{"@type":"WebPage","@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/","url":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/","name":"Sugar Prices Decline on Weaker Demand","isPartOf":{"@id":"https:\/\/www.expanamarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#primaryimage"},"image":{"@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#primaryimage"},"thumbnailUrl":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2025\/05\/Sugarcane-shutterstock_569751070.jpg","datePublished":"2025-05-06T09:41:51+00:00","dateModified":"2026-03-02T10:03:10+00:00","description":"Discover the reasons behind the recent sugar price decline, including India's export policy changes and Brazil's production outlook.","breadcrumb":{"@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#primaryimage","url":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2025\/05\/Sugarcane-shutterstock_569751070.jpg","contentUrl":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2025\/05\/Sugarcane-shutterstock_569751070.jpg","width":1920,"height":1272,"caption":"Sugar and Sugar cane on leaf and wooden background"},{"@type":"BreadcrumbList","@id":"https:\/\/www.expanamarkets.com\/insights\/article\/sugar-prices-decline-on-weaker-demand\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.expanamarkets.com\/"},{"@type":"ListItem","position":2,"name":"Sugar Prices Decline on Weaker Demand"}]},{"@type":"WebSite","@id":"https:\/\/www.expanamarkets.com\/#website","url":"https:\/\/www.expanamarkets.com\/","name":"Expana","description":"Your market intelligence partner","publisher":{"@id":"https:\/\/www.expanamarkets.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.expanamarkets.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.expanamarkets.com\/#organization","name":"Expana","url":"https:\/\/www.expanamarkets.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.expanamarkets.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/expana-logo.png","contentUrl":"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/expana-logo.png","width":696,"height":696,"caption":"Expana"},"image":{"@id":"https:\/\/www.expanamarkets.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/expanamarkets\/"],"description":"Expana is a commodity intelligence solution that transforms market data into smarter decisions for agrifood and related sectors.","legalName":"Expana","foundingDate":"1858-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"201","maxValue":"500"}},{"@type":"Person","@id":"https:\/\/www.expanamarkets.com\/#\/schema\/person\/1c3289d159f7a92b40c060c1c6dd55ed","name":"Andraia Torsiello","description":"Andraia Torsiello is Mintec\u2019s Market Reporter responsible for sugars and sweeteners as well as plant-based proteins. In her role, she is expanding Mintec's proprietary pricing of sugar, sweeteners, and starches in the US. She also publishes Mintec's plant-based protein coverage, which is a market she has researched and reported for most of her career. Prior to market reporting, Andraia was part of the editorial team at Urner Barry, where she aggregated and authored timely market news impacting the industry.","url":"https:\/\/www.expanamarkets.com\/authors\/andraia-torsiello\/"}]}},"_links":{"self":[{"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/insight\/10211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/types\/insight"}],"author":[{"embeddable":true,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/users\/74"}],"version-history":[{"count":0,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/insight\/10211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/media\/10212"}],"wp:attachment":[{"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/media?parent=10211"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/tags?post=10211"},{"taxonomy":"insight-theme","embeddable":true,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/insight-theme?post=10211"},{"taxonomy":"insight_topic","embeddable":true,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/insight_topic?post=10211"},{"taxonomy":"news_topic","embeddable":true,"href":"https:\/\/www.expanamarkets.com\/wp-json\/wp\/v2\/news_topic?post=10211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}