Mumbai, June 5 -- Global Sugar prices are staying under pressure amid hopes of elevated global output clubbed with a protracted outlook for global crude oil prices owing to trade worries. The benchmark July NY sugar futures slipped near four-year low of 16.70 cents per pound. CONAB has recently forecasted Brazil's 2025/26 Brazil sugar production would gain 4% y/y to 45.875 million MT. The USDA's Foreign Agricultural Service states that India's 2025/26 sugar production would rise 26% y/y to 35 million MT (MMT) due to favorable monsoon rainfall. Prospect of elevated global production is set to weigh on the sentiments in near term. Earlier this week, India's National Federation of Cooperative Sugar Factories projected India's 2025/26 sugar pro...