Sugar Prices Undercut by Higher Sugar Production in India

March NY world sugar #11 (SBH26) today is down -0.02 (-0.14%), and May London ICE white sugar #5 (SWK26) is down -0.90 (-0.22%). Sugar prices are sliding today on higher sugar output in India, the world's second-largest sugar producer.  The Indian Sugar and Bio-energy Manufacturers Association (ISMA) today projected India's 2025/26 sugar production at 29.3 MMT, up +12% y/y. More News from Barchart Losses in sugar are contained today amid strength in the Brazilian real.  The real (^USDBRL) rallied to a ...