Sugar prices may soften as India’s 2026/27 output is forecast to rise 10%
BMI expects India to produce 33 million tonnes of sugar in 2026/27, contributing to a projected 2.8-million-tonne global surplus. Its raw sugar forecast of 14.9 US cents per lb implies lower food and beverage input costs, though El Niño and geopolitical risks could tighten supply.
Global sugar prices may weaken in the current and next quarter despite deficit concerns. BMI forecasts Indian sugar output at 33 million tonnes in 2026/27, up 10%, though El Niño and geopolitical risks could tighten supplies and affect food and beverage input costs.
Why this matters
With no prior related signals supplied for the Indian sugar sector, BMI’s 2026/27 output forecast sets a baseline for tracking sugar price and supply shifts.
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