SEIC 2025: Experts shed light on global sugar S&D
The 4th Sugar – Ethanol & Bioenergy India Conference (SEIC) 2025, held in New Delhi, highlighted key trends in the sugar and ethanol industry. Experts discussed global sugar prices, climate impacts, and geopolitical disruptions. Panelists advised Indian mills to export sugar before Brazil’s supply enters the market. Climate change and global conflicts continue to influence trade dynamics.
Sugar – Ethanol & Bioenergy India Conference (SEIC) 2025, held from January 30 to 31, 2025, brought together industry stakeholders on one platform. The 4th edition of the conference kickstarted in New Delhi with a resounding inaugural session. The Union Minister of Road Transport and Highways Nitin Gadkari spoke about the bright future of the sugar industry, and the potential it has to contribute to 3% of the country’s GDP.
The first day saw four sessions where industry experts spoke on various important aspects of the sugar, ethanol, and allied sectors.
The Indian sugar industry cannot function in isolation from the global markets. Though India remained fairly inactive from global trade in two years, hope of a bumper crop next season will once again open the floodgates of sugar export in future.
The discussion topic of session 2 was “Sugar Rush: Global Sugar S&D”.
The Moderator was Kiran Wadhwana, Chairman of Board, Bonsucro
Panellists
Claudiu Covrig, PhD, Sr. Market Analyst, CovrigAnalytics
Deepinder Singh Basra, Commodity Analyst, Green Pool Commodity Specialists
Vamsi Nanduri – Senior Sugar Trader at Louis Dreyfus Company
Kapil Nema – Dy. Executive Director, Dalmia Bharat Sugar & Industries Limited
The Moderator began by asking when is the best opportunity for sugar mills in India to export 1 MT sugar export that the Government permitted.
Claudiu Covrig said, “Brazil will start producing sugar, and they will come with plenty of sugar from May onwards. So, I would say, Indian sugar mills should export sugar now till the middle of March or beginning April.”
A question was asked about the factors affecting global sugar prices-
Vamsi Nanduri said, “Most of this rally we have seen in the recent week is due to a stronger currency in Brazil. Funds are covering their short position. What will decide the world prices in particular, will be the demand side problems? What is China going to do? It’s more a demand driven view on the price”.
The Moderator asked Deependra Basra about the climate impact on sugarcane production. He said, “When we think about climate change, we think about rising temperatures. However, erratic rainfall is impacting the sugarcane crop. In Australia, there is a heavy loss to the cane crop due to rains. We have seen that crop is suffering in Karnataka and Maharashtra due to less rain. A study was done to show how climate conditions are impacting sugarcane”.
The panel discussion threw light on the adverse impact of geo-political issues on sugar flow and prices.
Kapil Nema said that, “There is a major impact on sugar flow because of these geo-political issues. And Ukraine and Gaza are not the first issues affecting sugar flow. This happened during the Venezualan disruption as well. Unrests in Syria, Sudan etc have affected sugar flow”.
The panel discussion covered key factors affecting global sugar prices and production. Experts advised domestic sugar mills to start exporting sugar, before Brazil hits the market with its new produce. The impact of climate change and geo-political concerns have been seen to impact sugar flow and trade.
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Source : Chinimandi
