The Indian government has decided to permit 15 lakh tonnes of sugar exports for the 2025–26 sugar season starting in October, marking a progressive step for India’s sugar sector and bringing a significant opportunity for exporters.
The Indian government has decided to permit 15 lakh tonnes of sugar exports for the 2025–26 sugar season starting in October, marking a progressive step for India’s sugar sector and bringing a significant opportunity for exporters.
Shashank Gupta
India is set to return to the global sugar market. A senior official from the Department of Food and Public Distribution stated that the 2025/26 season, starting October 1, will leave enough surplus sugar after meeting domestic consumption and ethanol requirements. This surplus opens the way for Sugar Exports from India that could affect world price trends. Industry estimates project India’s sugar production at around 34.9 million metric tons for the season, with opening stocks near 5 million tons, alongside a record ethanol output expected.
Pravarsh Sharma
According to the Philippine News Agency, stakeholders have voiced their support for Sugar Order No. 6 of the Sugar Regulatory Administration
Pravarsh Sharma
The Food Ministry said in a December 26 announcement that the monthly sugar quota for January 2025 would be 22.5 lakh metric tonnes (LMT)
Pravarsh Sharma
According to government and industry sources, India plans to permit the export of one million metric tons of sugar this season in order to support local prices by enabling mills to export excess supplies from the second-largest producer of the sweetener in the world.
Pravarsh Sharma
Despite a projected sugar production of around one million tonnes in the current 2024-25
Pravarsh Sharma
The Philippines's sugar planters are worried that lowering the proposed import taxes on sugar substitutes might encourage the use of other sweeteners
Pravarsh Sharma
Sugar mills in India can easily export up to 2 million metric tons of the sweetener this season as domestic supply prospects improve and local prices fall
Pravarsh Sharma
The Nigerian government has identified a significant opportunity to increase domestic production and is urging both domestic and foreign investors to investigate the $2 billion sugar market in the nation.
Pravarsh Sharma
On Monday, October NY world sugar #11 (SBV24) fell -0.12 (-0.53%), while December London ICE white sugar #5 (SWZ24) gained 1.30 (+0.23%).
Pravarsh Sharma
On Thursday, the October NY world sugar #11 (SBV24) closed up +0.77 (+3.64%), while the December London ICE white sugar #5 (SWZ24) closed up +13.10 (+2.36%)
Pravarsh Sharma
India has recently lifted restrictions on sugar mills and distilleries regarding the use of cane juice to produce ethanol. Starting from the 2024-25 fiscal year
Pravarsh Sharma
As per a notification from the Directorate General of Foreign Trade (DGFT), India has allotted 8,606 metric tons of sugar for export to the US under the Tariff Rate Quota scheme
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Reversing the restriction from the previous year, the government on Thursday approved the use of the juice from sugarcane and sugar syrup for the manufacturing of ethanol
Pravarsh Sharma
Today's October NY world sugar #11 (SBV24) is up +0.39 (+2.05%). October's London ICE White Sugar #5 (SWV24) has increased by +20.60 (+3.92%).
Pravarsh Sharma
Brazilian sugar exports increased by 50% to 15.15 million metric tonnes in the first half of 2024, according to data released by shipping company Cargonave on Friday.
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India, the world's largest sugar consumer and second-largest producer, anticipates a rise in sugar production in the upcoming season (October-September). Union Food Minister Pralhad Joshi, during a global conference in New Delhi, indicated that while better cane production is expected compared to last year, the decision to allow sugar exports will depend on the distribution and adequacy of monsoon rainfall. The Indian Meteorological Department (IMD) has predicted an above-normal monsoon, which plays a critical role in determining the agricultural output.
Pravarsh Sharma
Russia's Agriculture Ministry has recently made significant decisions regarding sugar exports, allocating quotas to Eurasian Economic Union (EAEU) countries while implementing a temporary ban on exports to other destinations.
Pravarsh Sharma
Bringing in large quantities of sugar may represent a profitable endeavour for companies trying to satisfy consumer demand or grow their product line. Without the appropriate resources and direction, navigating the intricate world of commerce across borders may be extremely difficult. This is the role of Tradologie. Tradologie is transforming the way companies import sugar in bulk by giving buyers and sellers an easy-to-use platform to connect and transact business effectively. We'll walk you through the entire process of importing bulk sugar with Tradologie in this blog post, from enquiry to payment.
The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) has asked the government to allow the export of 10 lakh tons of sugar during the current season.
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Due to the adverse weather in India, Dubai's Al Khaleej Sugar plans to boost output at its cane sugar mill this year, as reported by the company's managing director on Tuesday.
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Egypt's state grain buyer i.e. the General Authority for Supply Commodities (GASC), announced on Monday that it is seeking bids for 50,000 tonnes of raw cane sugar and/or 50,000 tonnes of white sugar.
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The Malaysian government is actively conducting assessments and taking immediate action to prevent a potentially larger disruption in the local market's supply of refined white sugar in the upcoming year, according to a statement made by Datuk Mohd Armizan Mohd Ali, Minister of Domestic Trade and Consumer Affairs.
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Egypt is bracing for a significant influx of raw sugar, so it is a story of sweet anticipation. The country recently signed an agreement to import 170,000 tons of the sweet commodity, signaling a determined effort to stabilize prices and meet domestic demand.
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New Delhi has authorized the export of 25,000 metric tons of sugar to Nepal on a quota basis until September 30 next year to assist Nepal in securing an adequate sugar supply for the upcoming Tihar festival.
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The U.S. Agricultural Department projected that sugar production in South Africa will rise to 7% in the current marketing year, from May 2023 to April 2024.
Pravarsh Sharna
In an official announcement, Egypt decided to continue its ban on the export of sugar for three more months. Earlier in June, Egypt continued the March’s sugar restriction on the export of sugar for three months to meet the domestic needs of the nation.
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Traders have projected a decline by half in sugar exports of India in the upcoming marketing year from October. They added that domestic sugar prices may not be disrupted as sufficient stocks of sugar are available for domestic consumption.
Pravarsh Sharma
Reports stated that Brazil is expected to achieve a historic peak in sugar production during the 2023-24 season, with an estimated production of 42.7 million metric tons, marking a valuable increase from the previous season's 37 million tons.
Pravarsh Sharma
Following the ban on the export of non-basmati white rice by India in order to control prices, there is growing speculation that sugar exports may be similarly restricted.
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Sugar prices ended mixed on Thursday, November 3, 2023. Oct NY world sugar #11 (SBV23) closed -0.18 (-0.74%), while Oct London white sugar #5 (SWV23) closed +1.80 (+0.26%).
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The government declared on 4th August that the level of sugar production in the upcoming season, which begins on October 1, is unlikely to decrease. Because exports are still prohibited, there will be a greater supply on the domestic market, which will help keep prices in check during the festival season.
Pravarsh Sharma
India is the world's second-largest producer of sugar and lies behind Brazil in terms of sugar production and exports.
Pravarsh Sharma
Located in Asia, India is the largest sugar exporter and second largest sugar producer in the world. It exports bulk sugar to over 50 countries around the world and riding on the back of strong global demand, Indian sugar exporters have a good business every year.
Pravarsh Sharma
According to risk management company Archer Consulting, Brazilian mills hedged roughly 4.5 million metric tonnes (MMT) of the upcoming season's (2024/25) sugar export sales using ICE New York raw sugar futures by June 30, or about 17% of export projections.
Pravarsh Sharma
Located in Asia, India is the largest sugar producer and second-largest sugar exporter in the world. The Asian nation ranks behind Brazil in global sugar trade and bumper sugar production helps the country export bulk sugar every year.
Pravarsh Sharma
The prices of any commodity, be it rice, wheat or sugar depends upon two variables, namely the demand and the supply. Hence, factors influencing the demand or supply of a commodity like market conditions, weather patterns etc.
Pravarsh Sharma
Several fundamental factors have caused a significant volatility in sugar price trends.
Pravarsh Sharma
India, the world's second-biggest sugar exporter, usually decides the amount of the sweetener mills can export before the start of the new marketing year on Oct. 1.
Pravarsh Sharma
Brazil, the world’s biggest sugar producer, has witnessed a surplus of sugar production in the current year.
Pravarsh Sharma
Sugar Prices Experience Moderate Decline on Increased Brazil Production and Changing Weather Patterns. India stands as the world's second-largest sugar producer.
Pravarsh Sharma
The conflict between one of the biggest grain producers and exporters of the world, Russia and Ukraine that started in 2022 changed the face of global agro-trade.
Pravarsh Sharma
During the February-April period of this fiscal year, Pakistan exported a significant amount of sugar, raising domestic retail prices of the sweetener.
Pravarsh Sharma
India is the largest sugar producer and sugar exporter in the world. Bumper sugar production helps the Asian nation ship bulk sugar and satiate global demand of the sweetener.
Pravarsh Sharma
Located in Asia, Bangladesh is having a hard time making ends meet. The Russia-Ukraine war followed by heavy rains and floods have raised several troubles for the Asian nation and this has fueled up prices of agro-commodities in the domestic markets.
Pravarsh Sharma
The ongoing sugar production cycle, which lasts from October to September every year, has a 6.1 million tonnes export limit set by the Indian government.
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On the 12th of May, the July NY world sugar #11 (SBN23) closed higher at +0.20 (+0.77%) while the Aug London white sugar #5 (SWQ23) also closed higher at +9.80 (+1.39%).
Pravarsh Sharma
The price of any commodity depends upon its supply. If the demand is strong and the supplies are regular, the prices remain stable and in case, supplies fall short even though demand remains strong, the prices begin to soar.
Pravarsh Sharma
With sugar production expected to be 9% lower than the previous year, sweetener prices have already begun to rise, rising by Rs1.25/kg in the last month on the retail market.
Pravarsh Sharma
In three months starting in January, Kenya experienced a sharp increase in sugar imports, rising to 93,000 tonnes from 46,000 in the same period last year.
Pravarsh Sharma
Brazil is the world's largest sugar-producing nation, followed by India and disruptions in their production affect global sugar pricing.
Pravarsh Sharma
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