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By Marcelo Teixeira NEW YORK (Reuters) - Deliveries of raw sugar for the March contract on the ICE exchange were estimated at 34,385 lots, or 1,000 lots.

MUMBAI (Reuters) - Indian mills produced 21.98 million metric tonnes of sugar between Oct. 1 and Feb. 28, down 14 percent from a year earlier.

By Marcelo Teixeira NEW YORK (Reuters) - The recent price rally that has taken ICE raw sugar futures to a more than two-month high will be short-lived as supplies from the top two producers, Brazil and India, are expected to increase later this year, a Reuters poll of nine traders and analysts showed. The sweetener is expected to end the year at 18.25 cents a pound, 13.5% below Monday’s close and also below the level seen at the end of 2024, according to the median forecast in the poll. The global supply balance was seen shifting from a deficit of 2 million tonnes in 2024/25 to a surplus of 2 million tonnes in 2025/26. “We expect prices to fall... mainly in response to the prospect of a very large Indian crop and the possibility of large export quotas,” said John Stansfield, senior sugar analyst at DNEXT Intelligence SA. The median forecast for the next sugar harvest in India (2025/26, October-September), the world’s second-largest producer after Brazil, is 32.35 million ...