NY world sugar #11 closed down on Friday while London ICE white sugar #5 closed up on Wednesday. Sugar prices rallied earlier in the week due to forecasts of reduced production in Brazil for 2026/27. India may permit additional sugar exports, leading to lower prices. Record sugar output in Brazil and a global surplus in 2025-26 are bearish for prices. The USDA projects a record global sugar production in 2025-26. Thailand is also expected to have a higher sugar production, further impacting prices.

Read more at Yahoo Finance: NY Sugar Prices Fall Back on Some Long Liquidation Pressure