Concerns about the availability of sugar in Brazil's new season due to less profitable export production, preference for ethanol production, and adverse effects of drought and frost. India's plan to produce less sugar in favor of ethanol could reduce production to 27 million tons by 2025. The United States and Thailand also expect to produce less sugar due to heat and drought. In the European Union, damage to beet fields due to flooding is not significant. The sugar market is barely reacting to the disappointing harvest forecasts.