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This is your Daily Sugar Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Sugar Price Tracker. I am Vanessa Clark, here with your go-to update on all things sugar from the world market to your kitchen shelf. Today is Tuesday, November eighteenth, twenty twenty-five, and it is a fascinating time for anyone keeping an eye on sugar prices, whether you are a baker, a manufacturer, or just a generally curious listener.
Let us dive right in with the numbers. As of today, raw sugar is trading at about fourteen point seven five cents per pound. This is just a fraction higher than yesterday, but it is dramatically lower than what we saw just a few months ago. To put things into perspective, sugar prices have dropped more than thirty percent compared to this time last year, and are now sitting near five-year lows according to the latest data from Hedgepoint Global Markets and the International Sugar Organization.
So, what is behind this sharp decline? This year, the global sugar market has shifted from a supply shortage to a surplus. International Sugar Organization projections show the world will produce about a million and a half tons more sugar than it consumes for the new cycle starting twenty twenty-five into twenty twenty-six. Brazil, India, and Thailand have all reported better-than-expected harvests, which means there is more sugar available than the market needs.
Brazil, the world’s top producer, has boosted sugar output with a sixteen percent year-over-year jump in their main center-south region. India is looking strong too, with the Indian Sugar Mills Association forecasting nearly thirty-one million tons for the upcoming season. The Indian government just approved sugar mills to export one and a half million tons, though this figure was dialed back a bit from earlier plans, likely to keep local prices steady. Thailand has also had favorable crop conditions, and all of these combined factors have contributed to the oversupply.
Now, what does this mean for you? If you are involved in food production or run a business in baking, beverages, or candy, these lower sugar prices may be a welcome relief, at least for your raw materials budget. It may be a good time to look at forward buying or renegotiating supplier deals, as supply is healthy and market volatility seems subdued for now. For everyday consumers, lower global prices can take a while to trickle down to supermarket levels, but over time, you might see some relief on the price tags of your favorite sweet treats.
However, it is important to keep an eye out for policy changes or unexpected weather impacts, which are always wild cards in global agriculture. For instance, if El Niño or other weather patterns disrupt the next sugarcane planting season, that could tighten supply and send prices swinging again.
Quick news bite for those watching the alternative sweetener market: with sugar prices dropping, food manufacturers might slow down their experiments with alternative and natural sweeteners, at least for a little while. But with shifting consumer preferences for clean-label and lower-calorie products, interest in non-sugar sweeteners is still staying strong globally.
That wraps up our sugar market update for today. If you have questions about how global commodity prices might affect your business or what these numbers mean for your daily shop, send them in. As always, I am Vanessa Clark, and you have been listening to the Daily Sugar Price Tracker. Thank you for joining me. Be sure to subscribe and tune in next time for your daily dose of sweetness and market insight. Until then, stay sharp and stay sweet!
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