India halts sugar exports until Sept 2026, squeezing FMCG and beverage input costs
New Delhi extended a sugar export ban through September 2026 as output lags consumption for a second year. Global raw sugar futures rose 2% and white sugar 3%, while 800,000 tons of contracted exports stall mid-shipment. Confectionery, beverage and FMCG players face tighter domestic supply and pricier inputs.
India banned sugar exports until September 2026 to curb domestic prices as output trails consumption for a second year. Move lifts global sugar futures, complicates trader contracts, and signals tighter domestic supply impacting FMCG, confectionery and beverage input costs.