The lowest bid submitted was USD 533 per ton (C&F) for small‑grade sugar. Another bid offered USD 549 per ton for a further lot of small grade sugar. Bids range across various grades, including small/fine and medium grades.
Read MoreMarkets may remain bearish until supply is rebalanced or a shock disrupts output. Producers in high‑cost regions could struggle to remain viable. Governments might be pressured to support margins via tariffs, subsidies, or export incentives. Some sugar mills may pivot more aggressively into biofuels or value‑added sugar products to manage risk. With forecasts pointing to a considerable global sugar surplus, the major takeaway is that prices are likely to stay weak—barring an unexpected supply shock or policy intervention. Recent related news
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