Indian mills sign contracts to export 600kt of sugar
Indian mills have contracts to export 600,000 tonnes of sugar in the 2024/25 marketing year ending in September, but are reluctant to sign further export deals as local prices have increased, five industry officials told Reuters.
The slower pace of shipments from India, the world's second biggest sugar producer, will support global prices, which are trading near their lowest level in three years.
After halting expo...