India's troubled sugar crop could further boost global prices.

A slow start to India's monsoon season could reduce 2023/34 sugarcane production in some of the country's key producing regions, potentially limiting India's sugar exports and giving a further boost to global prices.

World sugar stocks have fallen for the past two years and are currently at the lowest level since 2011. That has helped push sugar futures prices up by 20 percent so far this year to...