India’s sugar exports fall short for 2024-25 season as Brazil dominates

[https://invezz.com/wp-content/uploads/2025/06/Farmer-carrying-sugarcane.png] India is expected to export less than 800,000 metric tons of sugar this season, falling short of its 1 million-ton quota. This is primarily due to increasing sugar supplies from Brazil, which are driving down global prices and making Indian shipments less competitive, according to a Reuters report. In a significant move impacting global sugar markets, India, the world’s largest sugar producer, initiated a policy in January to permit the export of 1 million tons of sugar during the current marketing season, which concludes on September 30. This decision was primarily driven by a strategic objective to assist domestic sugar mills in offloading their surplus inventories onto the international market. The Indian government’s intervention came at a crucial time when domestic sugar prices had plummeted to their lowest point in 18 months, causing considerable concern within the industry. By facilitating exports, the aim was to alleviate the pressure of oversupply within the country, which had contributed to the decline in prices. This measure was designed to support domestic prices, ensuring better remuneration for sugar mills and, by extension, sugarcane…