Sugar prices rose to a 1-week high today, with March NY world sugar #11 up +0.25 (+1.73%) and December London ICE white sugar #5 up +8.10 (+1.95%). However, prices had hit 5-year lows last Thursday due to Brazil’s increased sugar output. Brazil’s Center-South 2026/27 sugar production is projected to reach a record 44 MMT. Additionally, India is expected to see a bumper sugar crop due to abundant monsoon rains, potentially leading to higher sugar exports. The global sugar market is facing surplus concerns, with predictions from various organizations pointing to excess sugar production.

Read more at Yahoo Finance: Sugar Prices Continue Higher on Short Covering