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Sugar Export

Sugar exporters struggle to fulfil 1 mn tonnes export quota allowed by govt

India last month allowed exports of 1 million metric tons of sugar during the current season to September 2025 to help mills of the world's second-biggest producer export surplus stocks

Updated On: 12 Feb 2025 | 5:47 PM IST

Sugar exports hinge on monsoon, cane sowing as output seen lower in 2024-25

India may allow sugar exports after assessing the final sugarcane sowing and output in the 2024-25 season, as the world's biggest producer after Brazil is expecting a lower sugar output of 30 million tonnes next season, sources said. For the current 2023-24 season ending September, sugar production has reached 31.5 million tonnes so far, with the final output likely to touch 31.8 million tonnes as mills in Tamil Nadu and Karnataka wrap up crushing, the sources added. Last year, India produced 32.8 million tonnes of sugar. Sugar production in the 2024-25 season is estimated to be lower at 30 million tonnes due to lower sowing in Karnataka, as per trade estimate, the sources added. "The industry has demanded exports of 1 million tonnes of sugar. Since we are expecting lower sugar output next year and stocks are required for ethanol production, the priority of the government is to ensure available stock for domestic consumption as well as for ethanol," one of the sources said. "Expor

Updated On: 28 May 2024 | 4:56 PM IST

Centre extends restriction on export of sugar beyond October: Govt order

Government sources told Reuters in August that the South Asian country would ban mills from exporting sugar in the season beginning October

Updated On: 18 Oct 2023 | 11:30 PM IST

Centre mulls stock limit on sugar if full disclosure doesn't come by Oct 17

Additionally, the government is likely to extend the current restrictions on sugar exports indefinitely after October 31

Updated On: 16 Oct 2023 | 10:54 PM IST

Poorest monsoon in five years likely to dim India's sugar export outlook

India relies on rains to irrigate about half of its farmland, received 820 millimeters (32.3 inches) of rainfall during the June-September monsoon season, 6% less than the long-term

Updated On: 30 Sep 2023 | 11:54 PM IST

India unlikely to export sugar in 2023-2024, says ED&F Man Commodities

NEW DELHI (Reuters) - India is unlikely to export sugar in 2023-24 season as output will be less than a year earlier, Kona Haque, head of research at ED&F Man Commodities said on Thursday.

Updated On: 22 Sep 2023 | 6:36 AM IST

Govt unlikely to permit additional sugar exports due to fall in production

The government is unlikely to permit additional sugar exports this year as untimely rains have impacted the production in Maharashtra, Food Secretary Sanjeev Chopra said on Thursday. The food ministry has allowed 6 million tonnes of sugar exports for the current 2022-23 marketing year (October-September). Out of which, about 4 million tonnes have been exported so far, as per the trade report. "We have a sugar production target of 38.6 million tonnes (including diversion for ethanol). Maybe production will go down by 2-3 lakh tonnes due to unseasonal rains in Maharashtra," Chopra told reporters on the sidelines of a press conference here. In view of likely fall in sugar output, the Secretary said, "Additional sugar export quota is unlikely to be allowed." Sugar production in India, the world's second largest sugar producing nation after Brazil, remained lower by three per cent at 29.96 million tonnes in the first six months of the 2022-23 marketing year ending September, as per the

Updated On: 06 Apr 2023 | 5:04 PM IST

RoDTEP benefits: Gujarat HC asks Centre, tax authorities to file responses

The matter will be heard next on March 23

Updated On: 23 Feb 2023 | 10:55 PM IST

Sugar exports at 2.7 mn tonnes in FY23 so far; Bangladesh top market: AISTA

India has exported 27.83 lakh tonnes of sugar till February 9 of the ongoing 2022-23 marketing year, with Bangladesh and Indonesia being the top markets, trade body AISTA said on Thursday. Among other nations, India has exported 2.47 lakh tonnes of the sweetener to Djibouti, 2.46 lakh tonnes to Somalia and 2.06 lakh tonnes to the UAE during October-February 9 of the current marketing year, the All India Sugar Trade Association (AISTA) said in a statement. The sugar marketing year runs from October to September. The government has allowed export of 60 lakh tonnes till May of the 2022-23 marketing year. According to AISTA, mills have exported a total of 27,83,536 tonnes of sugar from October 1, 2022 to February 9 this year. About 4.24 lakh tonne is under loading, while 3.79 lakh tonne of sugar has been delivered to refineries, considered to be deemed export in the said period, it added. Sugar exports from India, the world's major sugar producing nation, stood at 112 lakh tonnes in t

Updated On: 09 Feb 2023 | 7:38 PM IST

Centre to increase sugar export quota soon: Shah assures Maharashtra govt

Union Cooperation Minister Amit Shah on Tuesday assured leaders from Maharashtra that the Centre would soon increase the export quota sugar and take steps to help the ailing sugar industry in the state. Shah gave the assurance during a meeting with Maharashtra BJP leaders, who also have stakes in the sugar cooperatives sector. The state leaders were part of a delegation led by Maharashtra Chief Minister Eknath Shinde and his deputy Devendra Fadnavis. "The export quota (for sugar) has been exhausted. Since Maharashtra is a coastal state, we can export sugar through our ports. The minister also took a constructive approach on the issue and assured us to increase the quota or take an appropriate decision in this regard," Fadnavis told reporters here. The meeting was attended by BJP leaders Raosaheb Patil Danve, Pankaja Munde, Radhakrishna Vikhe Patil, Harshvardhan Patil, and Dhananjay Mahadik, among others. Shinde said the delegation apprised Shah about the difficulties faced by the

Updated On: 24 Jan 2023 | 8:53 PM IST

Govt consider increasing sugar export quota after evaluating local output

The government may consider increasing sugar export quota for the current 2022-23 marketing year after assessing the domestic production in January. In November, the government allowed export of 60 lakh tonnes of sugar for the 2022-23 marketing year (October-September). India exported a record 111 lakh tonnes of sugar in 2021-22 marketing year. On being asked if the government will consider increasing export quota, Food Secretary Sanjeev Chopra said the ministry will assess the domestic production of sugar in January and then decide whether to raise the quota or not. The food secretary was speaking on the sidelines of Annual General Meeting (AGM) of industry body ISMA. Addressing the AGM, Indian Sugar Mills Association (ISMA) President Aditya Jhunjhunwala hoped that the government will increase the export quota from the current 60 lakh tonnes. "We are grateful that exports are allowed with the option provided to sugar mills to exchange their export quota with domestic sugar sale

Updated On: 15 Dec 2022 | 9:23 PM IST

Sugar mills clinch export deals within days of govt's approval, say dealers

India's approval came late on Saturday for the export of 6 million tonnes of sugar in the 2022/2023 marketing year that started on Oct 1

Updated On: 09 Nov 2022 | 5:44 PM IST

May raise sugar export quota after assessing domestic output: Food Ministry

The government, which has allowed export of 6 million tonne of sugar till May 31 of the ongoing 2022-23 season, on Sunday said it could consider allowing more export after periodic assessment of the domestic production. A food ministry notification issued on November 5 said export quota of 6 million tonne has been permitted from November 1 till May 31, 2023 with an option for millers to export on their own or through exporters or swap with domestic sale quota. In a statement issued on Sunday, the ministry said the export quota has been fixed based on the available initial estimates of sugarcane production in the country. "The sugarcane production in the country will be reviewed periodically and based on the latest available estimates, the quantity of sugar exports to be allowed could be reconsidered," the ministry said. Mills have been asked to export allocated sugar quota speedily to make early payment to cane farmers, it said. Mill-wise sugar export quota has been fixed for the

Updated On: 06 Nov 2022 | 6:46 PM IST

Sugar producers sign deals in 'golden opportunity' on tight global market

Mills in India, which vies with Brazil as the world's top sugar producer, have so far contracted to export about 1.2 million tons and aim to ship as much as 8 million tons in the 2022-23 year

Updated On: 14 Oct 2022 | 11:34 AM IST

Expedite sugar export policy, need to do 8 mn tonnes next yr: ISMA to govt

The apex sugar body has urged the govt to not experiment with a new export system

Updated On: 21 Sep 2022 | 7:37 PM IST

India to limit sugar exports in risk to global food prices: Report

India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season's exports at 10 million tonnes

Updated On: 24 May 2022 | 3:30 PM IST

India signs deals to export 8.5 MT sugar in 2021/22, says trade body

Mills have already dispatched around 7.1 million tonnes since the start of the marketing year on Oct. 1, the Indian Sugar Mills Association (ISMA) said

Updated On: 19 May 2022 | 1:59 PM IST

India's sugar exports slow as global prices correct, rupee firms

Mills pause after signing deals to export 4 mn tonnes of sugar; diversion of sugar for ethanol reduces stockpiles, say dealers

Updated On: 11 Jan 2022 | 6:06 PM IST

India sugar stocks set to fall to 4-year low on record exports: ISMA

India could start 2021/22 marketing year on Oct. 1 with carry forward stock of 8.7 million tonnes, down from 10.7 million tonnes a year ago, said Indian Sugar Mills Association

Updated On: 14 Jul 2021 | 5:58 PM IST

Indian mills sign sugar export deals without government subsidy

Mills have so far contracted around 5.8 million tonnes of sugar out of the export allocation of 6 million tonnes

Updated On: 26 May 2021 | 8:57 PM IST