India bans sugar exports until Sept 2026 to cool local prices
May 13 (Reuters) - India on Wednesday banned sugar exports with immediate effect until September 30, 2026, or until further orders, the government said in a notification, as the world's second-largest sugar producer tries to rein in local prices.
The move is likely to support global white and raw sugar prices, while allowing rival producers Brazil and Thailand to boost shipments to Asian and African buyers.
