Sugar prices are falling, with NY Sugar at a 4.5-year low and London sugar at a 4.25-year low. Global sugar surplus projections from BMI Group and Covrig Analytics are adding pressure. Brazil’s sugar output is up, and India may see a bumper crop due to strong monsoon rains.

India’s potential increase in sugar exports and diversion of sugar for ethanol production may further impact global sugar prices. Thailand also expects higher sugar production, adding bearish pressure. The International Sugar Organization forecasts a global sugar deficit for the 2025/26 season, the sixth consecutive year of deficits.

The USDA projects record global sugar production and consumption for 2025/26, with increased ending stocks. Brazil, India, and Thailand are expected to see higher sugar production. The outlook for ample global sugar supplies is influencing market trends.

Read more at Yahoo Finance: Sugar Prices Retreat to Multi-Year Lows on the Outlook for Ample Global Supplies