Sugar & Confectionery – WORLD NEWS

The policy targets 25 new sugar mills and the revival of nine closed plants, with additional incentives for capacity expansion and land support.

El Niño and below-normal monsoon rainfall are expected to reduce India’s sugar production, while rising prices could encourage mills to prioritise sugar over ethanol.

Weak European sugar prices, higher gas costs and lower UK beet yields are weighing on ABF’s sugar outlook, while its Grocery and Ingredients businesses continue to grow.

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.

The 90g bars come in Classic Hazelnut and 70 percent Cocoa Hazelnut variants, with initial distribution through quick commerce platforms.