date:Jan 05, 2016
global consumption.
Going forward, we expect a longer than normal tail to the current Brazilian sugar harvest but also see a considerable amount of cane to be left over for the next harvest.
Economically speaking, Indian domestic prices currently offer little incentive for mills to export sugar. Seasonally, as the harvest begins, prices trend lower, as new sugar is available to the Indian domestic market, which could help open the Indian sugar market to exports.
Weighing the various factors