Global sugar prices crash 19.2% in H1 2026 on Brazil, India surplus

Global sugar prices fell 19.2% in H1 2026 to average US$0.32/kg, driven by surplus production in Brazil and India, per Guyana's Mid-Year Report. The decline signals a supply glut that pressures sugar-exporting economies and benefits food importers. Uncertainty remains over whether the surplus persists into the second half.