International News

India set to allow 1 million tons of sugar exports this year

January 19, 2025

https://www.reuters.com/markets/commodities/india-set-allow-1-million-tons-sugar-exports-this-year-2025-01-19/

MUMBAI/NEW DELHI, Jan 19 (Reuters) - India is set to allow exports of 1 million metric tons of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world's second biggest producer of the sweetener and help prop up local prices.

Brazil reaps benefits from India’s sugar export restrictions

https://www.chinimandi.com/brazil-reaps-benefits-from-indias-sugar-export-restrictions/

9 November 2024

Brazil’s sugar exports reached a new annual record by October, surpassing 2023 levels, according to data from the Foreign Trade Secretariat (Secex). This increase comes amid a tightened global sugar market, as India, the world’s second-largest producer after Brazil, has imposed export restrictions that have heightened demand for Brazilian sugar.