Sugar mills have exported 2.76 lakh tonnes of sugar in the last 40 days of the current marketing year with maximum shipments to the UAE, trade body AISTA said on Wednesday
India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 marketing year ended last month on the back of better demand and financial assistance from government
India, the world's second largest sugar producer, can export 6 million tonne of the sweetener in the 2021-22 season commencing next month, taking advantage of the firm global market, ISMA said
The Centre on Thursday announced an incentive for sugar mills in the form of an additional domestic sales quota to those that export sugar and divert the commodity towards ethanol making
New Delhi is expected to withdraw sugar export subsidies from the new season as a sharp rise in prices makes it easier for Indian mills to sell on the world market, a govt official said
India, the world's biggest sugar producer after Brazil, incentivised overseas sales for three years in a row, helping New Delhi emerge as a significant, stable exporter of the commodity.
Sugar mills have exported 5.11 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Thursday
Traders said the likely decline has already lifted sugar prices near their highest levels in 3-years
Sugar mills in India have exported 4.25 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said
The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday
Commodity is quoting at $415-420 a tonne in global market currently; industry says price range of $435-440 will make exports without subsidy support viable
The Centre slashed subsidy on sugar exports from Rs 6,000 per tonne to Rs 4,000 per tonne with immediate effect in view of firm global prices
India has contracted to export 56 lakh tonne sugar so far in the ongoing 2020-21 marketing season, and is expected to conclude deals for shipment of the rest 4,00,000 tonne soon, says trade body AISTA
India's sugar exports are on a "good course" this year as traders have contracted over 50 lakh tonnes of the sweetener so far, Food Secretary Sudhanshu Pandey said on Monday.
Sugar mills have exported 2.49 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September
Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan
Pakistani buyers have already started making inquiries about buying Indian sugar and cotton, which is being offered at lower prices than supplies from other countries, five dealers said
In the 2019/20 season, Iran imported a record 1.14 million tonnes of sugar from India, accounting for some 20% of the country's sugar exports, according to Indian customs data
The drop was due to logistics constraints and less chances of shipments to Iran, trade body All India Sugar Trade Association (AISTA) said
Sugarcane farmers to get the amount directly into their bank accounts