Sugar prices are up today due to a strong Brazilian real, which may reduce export sales and limit supplies. However, prices fell last week because of increased sugar output in India. India’s Sugar Mill Association reported a 25% jump in production for 2025-26, leading to higher export forecasts. India’s government plans to allow additional sugar exports to address a domestic surplus. Despite these factors, the International Sugar Organization predicts a surplus in 2025-26 due to higher production in India, Thailand, and Pakistan. The USDA projects record global sugar production and consumption for 2025-26.
Read more at Yahoo Finance: The Outlook of Reduced Brazil Sugar Exports Lifts Sugar Prices
