World sugar prices have fallen

게시됨 2025년 1월 21일

Tridge 요약

Indian authorities have permitted the export of 1 million tons of sugar to protect local processors and support domestic prices, leading to a drop in world sugar prices to a more than three-year low. This decision is surprising as traders anticipated lower production in India this season. The decision also impacts the market due to concerns of abundant supply from Thailand, especially with the cessation of exports to China. The decision to export also affects Russia's exports to Central Asian countries, but the absence of India in the market in the past has provided opportunities for other countries to sell sugar in the Indian Basin region. However, Russia's exports may slow down due to the falling world price and lack of infrastructure for shipping sugar abroad.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

World sugar prices fell to a more than three-year low amid reports that Indian authorities have allowed 1 million tons of the product to be exported from the country this season. This measure was taken to support domestic prices and protect local processors, writes Agroexpert. The decision surprised some traders, who expect that production in India this season will be lower than consumption for the first time in eight years. Last year, sugar production in the country amounted to 32 million tons. Additional pressure on sugar quotes is being exerted by fears of abundant supply from Thailand amid the cessation of exports to China. Hindustan, mainly India and Pakistan, are very large global flickering importers and exporters on the sugar market, leading expert of the Institute for Agricultural Market Studies (IKAR) Evgeny Ivanov commented to Agroinvestor. "Over the past 50 years, these two countries have repeatedly entered the market, either with sales or purchases, and very large ...

출처: AgroInvestor