Sugar prices are experiencing a downturn on the New York and London stock exchanges, continuing a three-month trend of decline despite an announcement by UNICA about reduced production and processing in south-central Brazil. The decline is attributed to increased production expectations in Asia and Brazil, leading to a improved sugar supply outlook. The March/25 NY contract trade at 18.22 cents/lbp, with a decrease of 0.19 cents (-1.03%). Similarly, the May/25 contract also fell by 0.14 cents (-0.81%), quoted at 17.08 cents/lbp. In London, the March/25 contract opened at US$ 481.50 per ton, with a reduction of US$ 3.50 (-0.72%).