Sugar & Confectionery – Trade & Market Updates
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India’s sugar refineries to divert 250,000 tons to domestic market
The move follows India’s approval of 1 million tonnes of duty-free raw sugar imports as the government seeks to ease high prices and strengthen festival-season supplies.
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KIA Africa regains full ownership of Bacita sugar company
The resolution clears the way for Bacita’s planned modernisation, expanded sugarcane cultivation, outgrower schemes, and development of an integrated agro-industrial ecosystem.
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Egypt resumes sugar exports through 2026 as domestic producers face surplus
The decision follows prolonged export restrictions as local sugar factories struggle with rising inventories, cheaper imports and high domestic production costs.
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Tongaat Hulett faces US$32.3M sugar levy claim after court ruling
South Africa’s highest court has rejected Tongaat Hulett’s appeal over suspended sugar levies, leaving the financially distressed group facing a R517 million claim from Sasa.
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South Africa to raise sugar import reference price to US$785
The revised benchmark follows a sharp increase in sugar imports and mounting losses for South African growers and millers, according to industry figures.