Sugar prices rose on Friday, with NY world sugar #11 up 2.35% and London ICE white sugar #5 up 2.31%. Prices surged due to short-covering before the holidays. India’s potential for increased sugar exports may impact prices, with a forecast of record global sugar production for 2025/26. Thailand and Brazil also contribute to the surplus.

Read more at Yahoo Finance: Sugar Prices Sharply Higher as Funds Close Out Short Positions