Davis Commodities Eyes USD 100M Revenue Surge in Sugar Trading Amid Global Market Expansion

SINGAPORE, June 23, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK), a premier Singapore-based trader of agricultural commodities, has announced an ambitious expansion across Africa, Asia, and the Middle East, driven by surging global demand for sugar and rice. Supported by its recently secured USD 30 million capital raise, the company is set to accelerate growth by combining traditional commodity trading expertise with innovative digital finance strategies.

Global Sugar Demand Fuels Strategic Regional Opportunities

With sugar consumption outpacing production in key markets, Davis Commodities is uniquely positioned to capitalize on emerging supply-demand imbalances through direct export opportunities:

• India: Sugar production is expected to decline 19% to 25.8 million metric tons in 2024/25, while domestic consumption climbs to 29 million metric tons, leaving a supply deficit of 3.2 million metric tons. This shortage, as reported by the All India Sugar Trade Association and TradelmeX, represents a significant export opportunity for Davis Commodities.
• Pakistan: Domestic sugar prices have surged beyond Rs168/kg amid strong export demand from Bangladesh and Central Asia, according to the Pakistan Sugar Mills Association.
• China: Sugar demand remains robust at 15.6 million metric tons despite a decline in local production, as highlighted in the latest report from the United States Department of Agriculture.
  

These regional imbalances present Davis Commodities with a clear pathway to increase trade volumes, expand market share, and drive margin growth.

Maximizing Growth with a USD 30M Dual Capital Deployment Strategy

Davis Commodities' recent USD 30 million fundraising will power two synergistic growth engines:

1. Core Commodity Trading Expansion
   • Scaling procurement volumes across sugar, rice, and edible oils.
   • Geographic expansion into high-demand regions.
   • Enhanced trade financing to support growing market opportunities.
2. Digital Finance Innovation
   • Deployment of Bitcoin reserves to improve treasury diversification.
   • Integration of Real-World Asset (RWA) tokenization to optimize asset liquidity and streamline working capital cycles.