Sugar Falls Most in a Week in New York on Swelling Surplus, India Exports

(Bloomberg) -- Sugar in New York fell the most in a
week as Brazil and India, the two largest sugarcane producers,
prepare to harvest record crops.

Brazil will collect 513.3 million tons of cane this year,
the government estimates. India may harvest 315.5 million tons,
according to the farm ministry. The global sugar surplus for the
year ending Sept. 30 may reach 9.2 million metric tons, the
London-based International Sugar Organization estimates.


Read more at Bloomberg Commodities News