Sugar Shake-Up: Mexico's Tariff Twist, Brazil's Bumper Crop, and Your Bottom Line
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This is your Daily Sugar Price Tracker with Vanessa Clark podcast.
Hello and welcome back to Daily Sugar Price Tracker with Vanessa Clark. I’m Vanessa, here with your essential rundown of sugar commodity prices and market trends for Wednesday, November twelfth, twenty twenty-five. If you’re searching for the latest on global sugar prices, production updates, and what’s driving the market, you’re in the right place.
Let’s start with today’s key numbers. On the National Mercantile Exchange, refined sugar traded at an average spot price of fourty-six thousand eight hundred rubles per metric ton, which is about five hundred seventy-five dollars per ton with the current exchange rate. There was also an auction, and there the average price edged slightly higher to fourty-seven thousand rubles per metric ton, about five hundred seventy-eight dollars. For those tracking international markets, the December futures contract for white sugar number five closed at approximately four hundred seventy-three dollars per metric ton on London’s ICE exchange. In New York, sugar number eleven futures finished the day around fourteen point two four cents per pound.
So, what’s influencing these prices? The global sugar market continues to grapple with surplus supply, thanks to record-breaking harvests in Brazil this season. As a result, we saw raw sugar prices recently hit a five-year low on the New York exchange. Czarnikow, a leading commodity trader, just boosted their estimate for the world sugar surplus for the twenty twenty-five to twenty twenty-six marketing year to eight point seven million metric tons, a significant jump from earlier predictions.
Meanwhile, there’s a major policy shift in Mexico, where the government has set a hefty tariff of one hundred fifty-six percent on sugar imports effective this week. Mexico’s authorities say this move is meant to insulate their domestic market from sliding prices caused by the worldwide glut. With tariffs this high, imported sugar is effectively kept out, providing a little room for local prices to firm up during their new harvest cycle.
If you’re buying or selling sugar, keep in mind these global surpluses and policy moves can play a big role in short-term price swings. Exporters from major producing countries like Brazil and India might see more volatility if local governments take protective steps or if weather throws a curveball at harvests. For food manufacturers and businesses relying on stable sugar prices, now is a good time to review your sourcing strategies and contracts to stay ahead of rapid market shifts.
On the farm side, there’s good news from production: Brazil’s output remains at record highs, while Mexico is rebounding after weather issues, with an estimated five point two million tons produced this harvest. However, European beet growers are flagging challenges ahead, from lower acreage to shifting policy dynamics around health and environmental concerns.
Tracking trends in refined sugar, beet sugar, and raw sugar can help you make smarter buying and budgeting decisions, especially when volatility is high. If you’re searching online for the latest sugar commodity prices, sugar futures trends, or ways to manage risk in your business, make sure you check reputable exchanges, industry news, and government market reports daily.
That wraps up today’s episode of Daily Sugar Price Tracker. I’m Vanessa Clark. Thank you so much for tuning in and for trusting us to keep you up to date with all things sugar. Don't forget to subscribe so you never miss a beat, and join me next time for your daily dose of global sugar market news. Have a sweet rest of your day!
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