Sugar mills have urged the government to allow exports of 8 million tonne (MT) of the sweetener under the open general licence (OGL) in the next season which commences on October 1. This, according to the Indian Sugar Mills Association (Isma), will help the sugar mills enter into future exports contracts well in advance prior […]
Reacting to the government’s move to restrict the export of sugar from June 1, the Indian Sugar Mills Association (ISMA) has said mills should be allowed to export an additional 1 million tonne of the sweetener in the current marketing season from October 2021 to September 2022. Shipments are the only viable option left for […]
India, the world’s second-largest sugar producer, exported 3.06 million tonne (MT) of the sweetener until June 2 this fiscal — 53% higher than a year before — official sources told FE. The unusual surge lends some credence to the government’s fears that sugar stocks could be substantially depleted by the festival season if outbound shipments […]
Having notified its plan to regulate sugar exports to keep local supplies steady, the food ministry has asked the sugar mills to seek permits from the directorate of sugar to ship out the sweetener between June 1 and October 31, and file details of despatches with the directorate’s portal daily. However, re-exports of refined sugar, […]