date:May 05, 2016
ts per lb.
The market shrugged off a Monday report that India will soon scrap an order that requires sugar mills to export excess supply.
Claudiu Covrig, senior agricultural analyst at data provider Kingsman, a unit of Platts, said he expected the flow of Indian sugar exports to China to slow in the coming months.
Strong demand for white sugar from China has buoyed the global white sugar premium, which this week was above $100 per tonne, a comfortable refining margin.
August white sugar sett