In response to delays caused by monsoon rains, India’s government announced a two-week extension of the 2021/22 export window in the first week of July. A reported 800,000 MT of sugar remained to be exported out of an export quota of 10 MMT announced [...]
Through mid-February, Indian sugar production reached 20.89 MMT, up 23 percent from production of 17.00 MMT a year ago. Among the producer states, production is up strongly in Maharashtra, down marginally in Uttar Pradesh, and up by nearly a third in Karnataka. ISMA currently [...]
During the week ending Sep. 13, weekly use by blenders and refiners fell to 905,000 bpd, down 2.7 percent week over week and 2.5 percent YOY. The last time weekly inputs averaged below 905,000 bpd was in early March. In previous years, utilization has [...]
