Sugar to get more expensive as India set to miss export target

India is set to miss its goal for sugar exports this year because of a late start to shipments and logistical challenges, potentially providing further fuel to the sweetener’s blistering rally.
winning run in exchange daThe risk to supplies comes just as the global market is on a tear. Raw sugar futures posted their 10th month of gains in February,winning the longest run in data going back six decades. With a tightening market because of lower crops in Thailand and the European Union, coupled with robust demand in Asia, a setback to Indian exports may provide a further fillip to the market.