India sugar output expected to jump on decent monsoon.

India sugar production in 2017/18 will likely jump a quarter from the previous year to 25 MMT as decent monsoon rains. That rebound in output to volumes near consumption levels could sap demand for imports and dragging on international prices that are already near their lowest in over a year. India was forced to import 0.5 MMT of sugar in the 2016/17 crop year ending Sept 30.