Minimum Indicative Export Quota of sugar seems unlikely to be met

While the annual consumption is 25.5mt, the total output is estimated at 31.5 mt and 10 mt has been carried over

The central government’s Minimum Indicative Export Quota (MIEQ) of sugar for the 2018-19 season seems unlikely to be met.
 
Of the 1.25 million tonnes (mt) of average MIEQ quota set for the October-December quarter, sugar factories have contracted for only 600,000 tonnes — and exported only 246,000 tonnes so far.
 
Of the 2 mt the government had similarly fixed for 2017-18, the mills had exported only 400,000 tonnes, a fifth of the official hope.
 
Sugar factories face several obstacles in export orders. The Brazilian currency (they compete with us) is falling and with a sustained fall in