World Sugar Prices Recover Above 17 Cents, Boosting Sugar Stocks

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Summary · why it matters

World sugar prices have recovered to over 17 cents per pound, up from a low of around 13 cents per pound in April 2026, due to tight supply from El Niño drought and India's plan to consider reducing or abolishing its 100% sugar import tax to increase domestic supply. Analysts at Innovest X Securities are positive on sugar stocks, especially KSL, KBS, and KTIS, which will benefit from higher selling prices. Meanwhile, BRR expects cane crushing volume for 2026/27 to increase to 2.5-2.6 million tons from 2.2 million tons last year, and expects the second half of the year to continue growing from the first half, supported by expanding demand and a weaker baht.

Impact on assets 5

Consumer Staples▲ · 2 stocks
Synthetic Biology (non-pharma)▲ · 1 stocks
Khon Kaen Sugar Industry PCL
KSL
▲ PositiveSupplyrelevance

Higher sugar prices due to tight supply from El Niño drought and India's import tax cut boost selling prices.

Energy Transition & Power Demand▲ · 1 stocks
Others▲ · 1 stocks
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