Sugar prices rise due to frost risk in Brazil, global sugar surplus projected.

Sugar prices surged today on frost scare in Brazil, NY sugar #11 up +4.81% and London sugar #5 up +4.23%. Global sugar surplus projected for 2025/26 season, with record production and ending stocks. India, Brazil, and Thailand all expected to see increased sugar production, leading to bearish outlook on prices.

Read more at Yahoo Finance: Sugar Prices Recover on Possible Frost Risk in Brazil