According to Dow Jones, Indian sugar manufacture alliance ISMA said that India has produced 16,300,000 tons sugar up to now. It grows 19% compared to 13,700,000 tons in last sugar season. It is estimated that the output of sugar may reach 25,000,000 tons this sugar season. The domestic consumption approximately will be 22,000,000 tons. The surplus output is 3,000,000 tons. Therefore, India will have the ability to export more sugar compared to the anticipated data before.
According to Dow Jones, the data of Brazilian Foreign Trade Secretary-General demonstrated that the volume of sugar exports in Brazil is 1,296,000 tons in February. It is lower than 1,432,000 tons compared to the same period last year. However, the volume of sugar exports in Brazil has amounted to 25,230,000 tons since last May. It is higher than 21,970,000 tons in 09/10 season presses.
