India is currently experiencing a sugar shortage, caused by shorter production yields and increased consumer demand. While government initiatives are in place to stabilise prices, they may not adequately address the root supply problems. Additionally, global conditions, such as Brazil prioritizing ethanol production, keep international sugar costs high. Experts foresee a sustained tight market in the coming seasons, leading to greater profitability for sugar firms.

The rally was underpinned by India’s move to allow up to 1 million tons of duty-free raw sugar imports, but weakening domestic prices have since tempered expectations for overseas…

Global sugar prices rose sharply in August, driven by adverse weather and El Nino impacts. Lower production in Europe and Asia contributed to the significant price increase. …