May New York Sugar is trading at 19.56, down 0.10 cents/lb.
July New York Sugar is trading at 19.39, down 0.07 cents/lb.
New York Sugar futures are trading just under the session highs and a little lower on the session.
Indonesia's' government is estimating 2017 sugar production near 2.75 million tonnes versus 2.3 million tonnes a year ago. Some street estimates for global sugar supplies are showing to a surplus over demand by 5.35 million tonnes versus for the season that begins in April versus a deficit of 5.13 million tonnes in the previous season.
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