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Karnataka is pushing for a higher minimum selling price for sugar and relief from new ethanol feedstock restrictions in India. Benchmark ICE raw sugar futures eased to near one-month lows of about 19-20 US cents per lb, though still more than 30% higher year on year.
European FCA refined sugar quotes were mixed.
Indian policy on sugar pricing and ethanol allocation determines how much cane goes to sugar versus ethanol, affecting global sugar supply. Softer raw sugar prices reflect near-term easing, but policy changes could tighten Indian output.
commodity-board.comNov 2, 2026Not enough comparable past events yet for a historical read.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
