Breaking: India Stops Sugar Exports Till 2026 | Sugar Export Ban Hits Global Trade | WION

本站添加: 2026-05-16

[00:00:07]We have some breaking news coming in.

[00:00:09]India has banned sugar exports with immediate effect till September 2026 in a move which is aimed at cooling domestic prices and protecting local supplies.

[00:00:19]Now the government says a sugar production may fall short of consumption [music] for a second straight year due to weak cane yields and fears of [music] an El Nino hit monsoon. India had earlier allowed exports of 1.59 million tons but only shipments [music] already in the pipeline will now be cleared.

[00:00:38]Global sugar prices surged after the announcement with the raw sugar futures jumping over 2% [music] and white sugar prices rising 3%.

[00:01:06]>> [music]