📉 Sugar Futures Drift Lower – Market Pressure Builds Amid Silent EU Demand
On 20 May 2025, ICE Sugar No.5 futures extended their gradual decline. The
August 2025 contract fell by 0.49% to USD 487.10/t (EUR 452.00/t). Despite stable technical levels, the market lacks clear direction. Meanwhile,
EU spot trade remains stagnant, and
retail prices show no reaction.
📊 ICE Sugar No.5 – Closing Summary (20.05.2025)
(Exchange rate: 1 USD = 0.928 EUR)
🇪🇺 EU Market Snapshot – A Quiet Spot Market
📍
EU FCA spot prices remain unchanged at
EUR 0.56–0.59/kg.📉 No significant industrial purchases reported.📦 German producers continue to defend EUR 0.60/kg, but are undercut by Polish and Dutch competition.⚠️ Many buyers reportedly delaying Q3 negotiations.
🛍️ Retail Sugar Prices (1 kg, verified 20.05.2025)
📊 Price Comparison Table
🔮 3-Day Forecast (21–23 May 2025)
📌
Outlook:Soft tone may persist unless macro factors or buyer interest shift.
🧭 Conclusion & Strategy
📉 Futures market drifts, volume modest.📦 EU spot flat and unresponsive – risk of oversupply builds.🛍️ No retail reaction – stable margins for supermarkets.
📌 Recommendations:
- 🛒 Buyers: Good time to negotiate forward contracts under EUR 0.57/kg.
- 📦 Sellers: Avoid pricing above market – competition remains high.
- 📊 Traders: Watch USD 482/t – short-term support holding for now.
📍
Summary:No new impulse in the sugar market. Buyers wait, sellers defend, futures erode quietly.
