Sugar Prices Settle Higher on Possible Smaller Indian Sugar Exports

March NY world sugar #11 (SBH26) on Wednesday closed up +0.27 (+1.89%), and December London ICE white sugar #5 (SWZ25) closed up +9.90 (+2.43%). Sugar prices settled sharply higher on Wednesday, with NY sugar posting a 1-week high.  Short covering emerged in sugar futures on Wednesday on signs that India may export less sugar than initially expected, after 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 est ...