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.

According to the Philippine News Agency, stakeholders have voiced their support for Sugar Order No. 6 of the Sugar Regulatory Administration

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)

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.

Despite a projected sugar production of around one million tonnes in the current 2024-25

The Philippines's sugar planters are worried that lowering the proposed import taxes on sugar substitutes might encourage the use of other sweeteners

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

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.

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%).

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%)

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

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

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

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%).

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.

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.

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.

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.

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.

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%).

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.

India is the world's second-largest producer of sugar and lies behind Brazil in terms of sugar production and exports.

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.

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.

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.

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.

Several fundamental factors have caused a significant volatility in sugar price trends.

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.

Brazil, the world’s biggest sugar producer, has witnessed a surplus of sugar production in the current year.

Sugar Prices Experience Moderate Decline on Increased Brazil Production and Changing Weather Patterns. India stands as the world's second-largest sugar producer.

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.

During the February-April period of this fiscal year, Pakistan exported a significant amount of sugar, raising domestic retail prices of the sweetener.

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.

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.

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.

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%).

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.

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.

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.

Brazil is the world's largest sugar-producing nation, followed by India and disruptions in their production affect global sugar pricing.