Low sugar production in Brazil and Thailand indicate strong trend of sugar prices globally; to benefit Indian exports

Prices of sugar in the international market have picked up after estimates of declining production in Brazil, the world’s largest sugar supplier. Global sugar prices rose by 20 per cent in April 2021. This is likely to benefit sugar exports from India, sugar industry experts from India feel. Brazilian production is estimated to be almost […]

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Concerned over dip in sugar sales, industry bodies ask for government relief

Sugar sales have plummeted by nearly 1 million tonnes since March 2020 after demand took a hit as Covid lockdown and subsequent extension of restrictions lowered consumption of many sweetened products including confectionery, soft drinks, chocolates, and sweetmeats among others.  “Even as businesses pick up, it is unclear how quickly demand will recover with subdued sugar […]

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Sugar producers in India firm up export contracts for 25 lakh tonnes of sugar

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Sugar millers across the country have contracted deals for export of around 25 lakh tonnes so far, and are on course to meet the allocated target of around 60 lakh tonne set by the Centre, says a Financial Express report. Jaiprakash Dandegaonkar, chairman, National Federation of Cooperative Sugar Factories (NFCSF), pointed out that the country […]

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