Raw sugar continues its decline, and India's export volume may increase.

Raw sugar futures fell for the fourth consecutive day, marking the longest decline in about two months, as the main producer country India indicated that this season's exports may exceed expectations. The most active contract in New York fell by 2.5% at one point to 14.39 cents per pound, hitting a five-week low. India announced last month that it would allow the export of 1.5 million tons of sugar this season to ease domestic surplus. On Thursday, Minister of Food Sanjeev Chopra stated that the government may approve additional exports to further reduce inventory, while also considering raising the minimum selling price.