Sugar Prices Drop as Frost Risks Subside in Brazil, Global Surplus Looms

Sugar prices are down today due to removed frost risks in Brazil and a stronger dollar. India’s early monsoon season forecasts a bumper sugar crop. Expectations of a global sugar surplus have caused prices to plummet. Brazil and India are projected to have higher sugar production, while Thailand’s production is also expected to increase. India has eased restrictions on sugar exports, with reduced production in Brazil providing some support. The International Sugar Organization forecasts a global sugar deficit, tightening the market. The USDA projects record sugar production and consumption for 2025/26.

Read more at Yahoo Finance: Sugar Prices Pressured as Frost Risks in Brazil Subside