Core Viewpoint - Raw sugar futures are experiencing their longest decline in nearly two months, primarily due to India's announcement of potential excess exports this season [1][4]. Group 1: Market Trends - Raw sugar futures fell by 2.5% to 14.39 cents per pound, marking a five-week low [1][4]. - As of the latest report, raw sugar futures are down 2.2%, priced at 14.44 cents per pound, while London white sugar decreased by 1.4% [3][6]. Group 2: Production and Export Insights - India has announced it will allow the export of 1.5 million tons of sugar this season to alleviate domestic surplus [1][4]. - The Indian government is considering additional export approvals to further reduce inventory and may raise the minimum selling price [1][4]. - Data from the Indian Sugar and Bioenergy Manufacturers Association indicates that sugar production from October 1 to December 15 has increased by 1.7 million tons, a nearly 28% rise compared to the previous year [1][4]. - The USDA forecasts a 26% increase in India's sugar production for the 2025-26 crop year, attributed to favorable climate conditions and expanded planting areas [1][4].
原糖延续跌势 印度出口量可能增加
Xin Lang Cai Jing·2025-12-18 16:38