Sugar Prices Erase Early Gains as USDA Projects a Sugar Surplus in India

Sugar prices gave up an early advance today and turned lower after the USDA said it expects a 2026/27 sugar surplus in India by 2.5 MMT, the first surplus in two years. India is the world's second-largest sugar producer. Sugar prices initially moved higher today, with NY sugar posting a 3-week high and London sugar posting a 4-week high. Strength…

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