Sugar falls 2% in New York as higher exports from India ease supply concerns

Expectations of ample sugar supply pushed prices in New York to their lowest level in more than a month. On Thursday (April 9), May raw sugar contracts fell 2.18% to 13.92 cents per pound.

According to an analysis by Barchart, in addition to relative calm in the oil market, the session’s decline was driven by reports this week that India is not expected to ban sugar exports this year. The consultancy said that eased concerns that the country could divert more cane to ethanol production after disruptions in crude oil supply caused by the war in Iran.

In India, the National Federation of Cooperative Sugar Factories also recently reported that local production between Oct. 1 and March 31 rose 9% from a year earlier to 27.12 million tonnes.

India is the world’s second-largest sugar exporter, behind only Brazil, where initial forecasts point to lower sugar supply in the 2026/27 season.

Data compiled by Datamar’s Business Intelligence department indicates that Brazil exported over 31 million tons of sugar throughout the full year 2025. The following chart provides a comparison of monthly sugar shipments from Brazil to international markets, according to data available on the DataLiner platform:

Sugar Exports | Jan 2022 – Dec 2025 | WTMT

Source: DataLiner (click here to request a demo)

Source: Globo Rural

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