Sugar Futures Drift Lower โ 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.
๐ ICE Sugar No.5 โ Closing Summary (20.05.2025)
(Exchange rate: 1 USD = 0.928 EUR)
๐ช๐บ EU Market Snapshot โ A Quiet Spot Market
๐
EU FCA spot prices remain unchanged at
EUR 0.56โ0.59/kg.๐ No significant industrial purchases reported.๐ฆ German producers continue to defend EUR 0.60/kg but are undercut by Polish and Dutch competition.โ ๏ธ Many buyers reportedly delaying Q3 negotiations.
๐๏ธ Retail Sugar Prices (1 kg, verified 20.05.2025)
๐ Price Comparison Table
๐ฎ 3-Day Forecast (21โ23 May 2025)
๐
Outlook:Soft tone may persist unless macro factors or buyer interest shift.
๐งญ Conclusion & Strategy
๐ Futures market drifts, volume modest.๐ฆ EU spot flat and unresponsive โ risk of oversupply builds.๐๏ธ No retail reaction โ stable margins for supermarkets.
๐ Recommendations:
- ๐ Buyers: Good time to negotiate forward contracts under EUR 0.57/kg.
- ๐ฆ Sellers: Avoid pricing above market โ competition remains high.
- ๐ Traders: Watch USD 482/t โ short-term support holding for now.
๐
Summary:No new impulse in the sugar market. Buyers wait, sellers defend, futures erode quietly.
