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Sugar mills foresee output spike, want 8 mn tonne OGL exports next season

Urge timely decision on the matter as global prices are firm , and they can sign future contracts at good prices

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Sugar millers said this is the right time to announce sugar exports under OGL as global prices are firm currently

Sanjeeb Mukherjee New Delhi
In view of the expected surge in sugar production in the coming 2022-23 season that starts in October, sugar mills have urged the Centre to revisit its ongoing export policy and allow exports of about 8 million tonnes of the sweetener under Open General License (OGL) to maintain stable domestic market conditions.

According to sources, the Indian Sugar Mills Association (ISMA) stated in a letter to the government a few days ago, that sugarcane acreage in the 2022-23 season is expected to be around 2 per cent higher than the current year. This, along with the likelihood of a normal