SAO PAULO, Sept 27 (Reuters) - The global sugar market

is heading to a surplus of 1.96 million metric tons in the

2024/25 season (October-September), following a surplus of 3.16

million tons in the previous season, agribusiness consultancy

StoneX ( SNEX ) said on Friday.

The fresh forecast is higher than the 1.2 million-ton

surplus StoneX ( SNEX ) had previously projected for 2024/25, although

the 2023/24 estimate was lowered from the 4.6 million tons seen

before.