This episode provides a comprehensive update on the global sugar market for the week of September 7, 2025.

• India is expected to increase sugar production by 19 percent year over year, reaching 35 million metric tons, driven by favorable monsoon conditions. The government is weighing the possibility of allowing 2 million metric tons of sugar exports in the upcoming season, reversing the previous year's restrictions. This shift is prompted by both a strong production outlook and efforts to balance domestic supply and demand.
• Brazil continues to report robust production, with a 16 percent year-over-year increase noted in August by Unica. However, the overall forecast for the 2025–26 season shows a 4.7 percent decline to 22.9 million metric tons. The short-term rise is linked to a higher allocation of cane for sugar over ethanol, influenced by dry weather.
• In the United States, a record sugar harvest is forecast, with output projected at 9.42 million short tons. This increase may reduce import needs and domestic prices, potentially challenging local producers' profitability. Meanwhile, Pakistan’s sugar sector is under pressure due to ineffective trade and supply policies. Production has fallen to 5.8 million metric tons, and regulatory inconsistencies have led to market disruptions.
• Ukraine faces reduced sugar beet cultivation, constraining production, though it remains a key exporter navigating EU import quotas while managing its own supply needs.
• Overall, the global sugar market is shaped by a complex mix of climatic, economic, and regulatory forces. Strong output in Brazil and India is applying downward pressure on prices, while trade policies and geopolitical factors contribute to ongoing market volatility.