Sugar Prices Volatile: Brazil, India, and Policy Changes
Update: 2025-12-05
Description
Sugar prices experienced a mixed close on Friday, with New York sugar down and London sugar up, influenced by a weaker Brazilian real. This encourages Brazilian sugar exports, increasing global supply. Indias sugar production surged, hitting two-week lows, and Brazils record production outlook further pressures prices. However, Indias potential ethanol price hike could shift production, potentially supporting sugar prices. The global sugar market is volatile due to abundant supplies and policy changes, with a surplus expected in the coming year.
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