Sugar prices extend four-day rally as weak India monsoon fuels supply concerns

Global sugar prices rose for a fourth straight session on Tuesday, with New York sugar touching a six-week high, as worries over weak monsoon rains in India raised concerns about lower sugarcane production in the world’s second-largest sugar producer. According to India’s Meteorological Department, cumulative monsoon rainfall was 42% below normal as of June 29. [...] ChiniMandi