# Raw sugar prices hit four-year lows on surplus concerns

> Raw sugar futures fell to 14.37 cents per pound on October 28, the lowest since April 2021, on forecasts of record Brazilian output and possible Indian exports. European DAP prices also declined about 15% since May to near €510/mt.

- Date: 2025-10-30 · published 2025-10-30T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/4780-raw-sugar-prices-hit-four-year-lows-on-surplus-concerns
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Sugar oversupply weighs on sugar-based feed ingredients and sugar cane co-products, while the European phosphate decline signals softer input costs.

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2025-10-31 | 5 | -4.5% | -3.6 | Reports European DAP prices down about 15% since May to near €510/mt, which points to weakening price momentum and bearish sentiment consistent with the DAP decline. |
| DAP | 2025-10-31 | 1 | -4.5% | -8.6 | Reports of European DAP prices down about 15% since May to near €510/mt signal weakening price sentiment, which is consistent with a sharp DAP futures drop, though the item is dated 2025-10-30 and is mostly about sugar. |
| DAP | 2025-11-05 | 5 | -4.4% | -3.7 | European DAP prices have fallen about 15% since May to near 510 euros per tonne, showing downward price momentum in a key market. |

## Sources

- vespertool.com: https://vespertool.com/news/raw-sugar-prices-hit-four-year-lows-on-surplus-concerns/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.