NY sugar prices rose due to a weak dollar, while London sugar prices fell. Global sugar production is up, with Brazil and India reporting increases. India may boost sugar exports to alleviate a domestic supply glut. The outlook for a global sugar surplus is bearish for prices.

Brazil is expected to have a record sugar output, putting pressure on prices. However, predictions show a decrease in sugar supplies from Brazil in the future. Thailand and other countries are also increasing sugar production, leading to a surplus. The USDA forecasts record global sugar production and consumption for 2025/26.

Read more at Yahoo Finance: Sugar Prices Remain Weak on Abundant Global Supplies