The global sugar market remains volatile during April xxxx, with prices witnessing significant fluctuations. Product prices remained elevated in the Asian market with the Indian and Thai market being the most impacted region. However, the prices declined in Brazil. This price volatility is largely attributed to a variety of factors including export demand, production and weather woes.
In the Indian market, the price of White Sugar experienced a marginal escalation during the month in review, market a contrast from the trend observed during the previous month. This price rise is primarily attributed to a modest export demand from the Indian market. According to the data released by the All-India Sugar Trade Association (AISTA), Sugar mills in the Indian market have exported a total of x,xx,xxx tonnes of sugar in total until April xx of the current marketing year. White sugar...
