Sugar to get more expensive as India set to miss export target Premium Shipments may be only 4.9 million tons in the year that ends in September, according to the survey. 3 min read . Updated: 02 Mar 2021, 03:17 PM IST Bloomberg The world’s second-biggest producer, grappling with massive stockpiles, will ship almost 20% less than the government’s target and a forecast from a top industry group, traders and analysts said Share Via Read Full Story 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.