THE International Sugar Organization (ISOThe Global Sugar and Sugar Administration (GSTA) released its quarterly update on Monday (18) with the first estimate for the 2026/27 world sugar crop. According to the entity, the global market is expected to register a deficit of 262,000 tons of sugar in the next cycle. ISOThe negative balance will be driven mainly by climate risks associated with the El Niño phenomenon and the expectation of a drop of approximately 2 million tons in world production. For the 2025/26 season (October/September), the organization raised its projection of a global sugar surplus to 2.244 million tons, above the previous estimate of 1.22 million tons. In the fuel ethanol market, ISO estimates that global production will reach 129.4 billion liters in 2026, above the 123.1 billion previously recorded. According to the entity, growth will be sustained by the recovery of Brazilian supply and the expansion of production in India. World ethanol consumption should also increase, rising from 122.9 billion to 126.9 billion liters in 2026. ISO assesses that the recent appreciation of oil in the international market has been favoring the demand for biofuels.
DATAGRO estimate
During the CITI ISO DATAGRO New York Sugar and Ethanol Conference, held last Wednesday (13), the DATAGRO The firm also updated its projections for the global sugar market. According to figures presented by the consulting firm's president, Plinio Nastari, the world market will end the 2025/26 harvest with a small surplus of 570,000 tons in gross value. For 2026/27, however, the… DATAGRO It projects a deficit of 3.17 million tons.
This text was translated by machine from Brazilian Portuguese.