Posted on March 11, 2022

Sugar mills in India signed contracts to export 550,000 tonnes recently. Surging global prices and a weak rupee have made exports more lucrative.

Higher exports from India – which is the world’s second-biggest sugar producer – could pull back the increase in global prices. Lower output in the top exporter Brazil have helped to inflate prices.

Export shipments will help India reduce its stockpile and support the local prices.

logistics Vietnam imports Pakistan wine shipping India France Poland container Covid-19 freight Japan Brexit Netherlands Gothenburg Hong Kong Germany Seafreight exporters South Africa air freight EU Turkey Denmark Freight Shipping cargo Australia Spain Canada waste exports China freight forwarding freight forwarders Switzerland Sweden freight U.S.A logisitics exports rail freight containers export Sweden Ireland China italy Finland Swedish USA Norway