Indian sugar mills are struggling to secure export contracts as international sugar prices remain lower than domestic market rates, making overseas sales financially unattractive. According to industry sources, this price gap has slowed export activity despite the government’s approval of shipments for the season.
The situation has raised concerns about whether India will be able to meet its 1.5-million-metric-ton export quota. If mills continue to hold back sales, analysts say the reduced supply on the global market could help support or lift world sugar prices in the coming months.
India, one of the world’s leading sugar producers, is closely monitoring market conditions as mills push for better price parity before committing to further exports.
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