October NY world sugar #11 (SBV24) today is down -0.18 (-0.96), and Oct London ICE white sugar #5 (SWV24) is down -4.70 (-0.88%). NY sugar prices today are trading lower and are falling back towards Wednesday’s 1-1/4 year low. Sugar prices have plunged in the past month due to increased Brazilian sugar production, the prospects for improved rain in India and Thailand, and estimates for a 2024/25 global sugar surplus. Sugar prices on Thursday temporarily saw a rally due to news from Unica that Brazil’s Center-South sugar output in the first half of July fell -9.7% y/y to 2.939 MMT. However Cent…