Global sugar prices up following lower output in India

Sugar prices reached a one-and-a-half-week high today, rising moderately due to concerns over tighter global supplies. The Indian Sugar and Bio-Energy Manufacturers Association reduced its 2024/25 sugar production forecast to 26.4 million metric tons (MMT) from its January estimate of 27.27 MMT, citing lower cane yields, reports Nasdaq.com. May NY world sugar #11 (SBK25) is … Continue reading Global sugar prices up following lower output in India