Sugar prices closed higher on Tuesday, with Brazil’s 2026/27 production forecasted to decrease by 3.91% to 41.8 MMT. India may allow more sugar exports, while ISMA raised its 2025/26 production estimate by 18.8% y/y. Brazil also expects record sugar output. However, ISO predicts a 1.625 MMT sugar surplus in 2025-26. Thailand’s sugar production is also set to increase by 5% y/y. The USDA projects global 2025/26 sugar production to rise by 4.6% y/y to a record 189.318 MMT.

Read more at Yahoo Finance: Sugar Prices Rally on Safras Forecasts for 2026/27