Sugar Prices Decline Due to Anticipated High Global Supplies
Sugar prices fell slightly on Monday, April 13, 2026, due to expectations of abundant global supplies. India and Brazil reported increased sugar production, while India's decision not to ban sugar exports eased concerns about supply diversion to ethanol. Crude oil prices rose, potentially encouraging sugar mills to shift production to ethanol, further pressuring sugar prices.
Topics: Brazil_sugar_output commodity_markets crude_oil ethanol_production global_supplies India_sugar_output sugar_prices