BusinessPhoto: Mint MarketsSugar Prices Fall to Five-Week Low on Strong Indian Production
Sugar prices dropped to a five-week low after data revealed Indian sugar production is significantly ahead of last season, with 845,000 tons produced by the end of October—over eight times last year's output. This surge has caused raw sugar futures in New York to fall by up to 3.7%, while London white sugar prices also declined. The market had previously surged due to tight stockpiles in India, the world's largest sugar consumer.
Mint Markets·



