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This is your Daily Sugar Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of Daily Sugar Price Tracker with Vanessa Clark. I'm Vanessa, your go-to guide for all things sugar market, and today we're diving into the freshest updates on sugar prices, global trends, and what it means for you.
First up, the current trading prices. In international markets, New York No. 11 raw sugar futures are sitting at about 13.55 cents per pound, down a bit but holding steady after hitting lows around 13.7 cents last week, according to Trading Economics and CZ app data. London white sugar is trading around 405.90 dollars per ton. Closer to home in India, our biggest player, domestic prices remain firm near three-month highs. ChiniMandi reports Kolhapur S-grade at 3,720 to 3,760 rupees per quintal, with Maharashtra ex-mill at 3,710 to 3,730 rupees. Spot prices in places like Delhi and Muzaffarnagar are hovering around 4,200 to 4,400 rupees for M/30 grade.
Why the stability? Supply tightness in India, plus summer heat boosting demand, is keeping things firm, per ChiniMandi. Big news: India's government just approved an extra 500,000 metric tons of sugar exports for this season, pushing the total quota to 2 million tons, as S&P Global notes. But with global prices low, exports might not surge much. Meanwhile, futures like March 2026 raw sugar are expiring soon, which could spark some volatility.
On the demand side, zero-sugar beverages are exploding, projected to hit 19.6 billion dollars by 2036 from sugar taxes and health trends, says Future Market Insights. Cane sugar market's growing too, eyeing 192 billion dollars this year.
Actionable tip: If you're trading or baking, watch those New York lows and India exports—they could signal buying opportunities if demand picks up. Stay sweet, friends!
Thanks for tuning in to Daily Sugar Price Tracker. Subscribe, share with a buddy, and catch you next time for more sugar scoops!
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