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July NY world sugar #11 (SBN24) today is down -0.24 (-1.23%), and Aug London ICE white sugar #5 (SWQ24) is down -5.00 (-0.87%). Sugar prices today are trading lower on a stronger dollar and on carry-over pressure from Thursday when Datagro raised its 2024 Center-South sugar production estimate to 41.6 MMT from a March estimate of 40.45 MMT. In a bullish factor, the Indian Sugar and Bioenergy Manufacturers Association reported Monday that India’s 2023/24 sugar production from Oct-Apr fell -1.6% y/y to 31.4 MMT as more sugar mills closed for the year and ended their sugarcane crush. As of April …

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