Reuters was first to report that India is not looking at allowing more sugar exports, dampening speculation that the world’s biggest producer of the sweetener would permit a second tranche of overseas shipments. Raw sugar futures pared losses and turned positive after the report was published.
Reuters reveals that India is likely to keep a lid on sugar exports as output dips
19 January 2023, 5:28 pm 1 minute
Raw sugar futures pared losses and turned positive after the report was published.
Topics of Interest: Economy
Type: Reuters Best
Sectors: Commodities & Energy
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story