Peru's economy minister said fuel subsidies will begin on Saturday, applying to drivers in designated regions and to specified vehicle types.

London white sugar futures rose for a third consecutive week, trimming a Friday dip and finishing the week more than 2% higher after earlier hitting the strongest level since April 2025. The move has widened the refined-vs-raw sugar premium, a key indicator of refining profitability; a spread above $100/t is typically a strong incentive to process. Refined supplies are expected to tighten in the 2026-27 season beginning in October as smaller crops in Europe and India curb exports, and Czarnikow warns the global deficit could widen further in 2027-28 if cane and beet area falls. Open interest climbed with prices, suggesting fresh buying rather than only short-covering, according to Paris broker Deepcore. Offsetting factors: Brazilian raw sugar supply remains ample and weak import demand keeps near-term availability comfortable, while the current white sugar premium to ethanol could encourage mills to produce more sugar.

US President Trump said the economy is performing incredibly well.