Sugar Prices Supported by Potential of Fewer Sugar Exports from India

March NY world sugar #11 (SBH26) today is up +0.30 (+2.11%), and December London ICE white sugar #5 (SWZ25) is up +9.70 (+2.38%). Sugar prices are moving sharply higher today, with NY sugar posting a 1-week high.  Short covering emerged in sugar futures today on signs that India may export less sugar than initially expected, as Bloomberg reported that India's food ministry is considering a proposal to allow sugar mills to export 1.5 MMT in the 2025/26 season, below earlier estimates of 2 MMT.  India intro ...