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PERSPEC 2026-SUGAR/CEPEA: Higher supply and more moderate prices should mark the 26/27 harvest

Cepea, 12/30/2025 – The global sugar market is moving towards a scenario of looser supply throughout the 2026/27 harvest. In Brazil, the world's largest producer and exporter, the expectation is for an advance in sugarcane crushing in the Center-South region, supported by the recovery of rainfall at the end of 2025, moderate expansion of the area and weather conditions closer to the historical average. Production may exceed 620 million tons of sugarcane, which expands the pot

Index remains down; El Niño may limit further declines

Cepea, June 16, 2026 – White crystal sugar prices continue to decline in São Paulo amid low market liquidity, as buyers remain reluctant to close deals, expecting further price decreases due to the ample supply available at the beginning of the 2026/27 season. The National Oceanic and Atmospheric Administration (NOAA) has confirmed the occurrence of El Niño, which tends to increase risks to sugar production in key producing regions, such as India, Thailand and parts of Braz

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