India bans sugar exports until late 2026 to curb prices

India has banned sugar exports until September 2026 to stabilize domestic prices. The decision follows falling cane yields and concerns regarding monsoon disruptions.

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India banned sugar exports through September 30, 2026, to stabilize domestic prices with immediate effect on Wednesday evening. The world's second-largest producer previously capped exports at 1.59 million metric tons for the current season. The restriction tightens global supply while Brazil and Thailand seek to boost shipments to Asian and African buyers.

Supply Deficits Drive Policy Shift

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