Sugar prices face Q3 pressure as India output forecast rises 10%
BMI expects average raw sugar prices to fall 11.3% year on year to 14.9 US cents per lb in 2026, as Brazil’s harvest and a projected global surplus offset deficit concerns. India’s 2026/27 output is forecast at 33 million tonnes.
Global sugar prices may weaken in the current quarter despite deficit concerns, supported by Brazil’s harvest and surplus stocks. BMI forecasts Indian 2026/27 sugar output at 33 million tonnes, up 10%, though El Nino and energy-linked ethanol diversion remain risks.
Why this matters
No related recent Indian sugar industry signals are supplied; current coverage focuses on higher 2026/27 output and weaker raw sugar price expectations.
Retail-company signals are accelerating, up 205914% QoQ.