Revelations from government and industry officials say India is not considering continuing to export sugar this year - in stark contrast to speculation that the world's second-largest sweetener producer will give permit the second batch of exports to foreign countries. India, the world's largest sugar exporter after Brazil, exported a record 11 million tonnes in the crop year to September 30, 2022. However, from the next crop year starting October 1, 2022, the Indian government only allows sugar mills to export 6.1 million tons. High food prices at the beginning of the crop year are also part of the reason for limited exports. The country's authorities said they may consider a second round of sugar exports after a clearer view of domestic production. Factories have contracted to export about 5.6 million tons and manufacturers, traders and industry officials are expecting the government to allow 2-4 million tons to be exported abroad.
Original content
Revelations from government and industry officials say India is not considering continuing to export sugar this year - in stark contrast to speculation that the world's second-largest sweetener producer will give permit the second batch of exports to foreign countries. India, the world's largest sugar exporter after Brazil, exported a record 11 million tonnes in the crop year to September 30, 2022. However, from the next crop year starting October 1, 2022, the Indian government only allows sugar mills to export 6.1 million tons. High food prices at the beginning of the crop year are also part of the reason for limited exports. The country's authorities said they may consider a second round of sugar exports after a clearer view of domestic production. Factories have contracted to export about 5.6 million tons and manufacturers, traders and industry officials are expecting the government to allow 2-4 million tons to be exported abroad. India mainly exports sugar to Indonesia, ...
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