India allows 1 mt sugar export amid limited surplus

The current sugar season, starting October 1, projects 32 mt production, with 28.5-29 mt for domestic consumption and 4 mt diverted to ethanol


The government has allowed export of 1 million tonnes (mt) of sugar, sources said, to help mills realise better rates amid falling prices in the domestic market. Both the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) and the National Federation of Cooperative Sugar Factories were insisting that exports be permitted to help mills pay sugarcane farmers.