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Rich Asplund

Sugar Prices Settle Higher on the Outlook for Reduced India Sugar Output

India Thailand El Nino London the National Federation of Cooperative Sugar Factories USDA

March NY world sugar #11 (SBH24) on Friday closed +0.33 (+1.43%), and March London ICE white sugar #5 (SWH24) closed +8.30 (+1.28%)

Sugar prices Friday posted moderate gains after India's Food Secretary projected India's 2023/24 sugar cane output would fall -12 % y/y to 434.8 MMT.

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