Sage Investment Club

India likely to keep lid on sugar exports as output dips: Reports

By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) -India is not looking at allowing more sugar exports, government and industry officials said on Thursday, dampening speculation that the world’s biggest producer of the sweetener would permit a second tranche of overseas shipments. India, the world’s biggest sugar […]

Sugar mills enter into contract to export 5.5 mn tonne of sweetener

Sugar mills have entered into contracts to export 55 lakh tonne of sweetener so far in current marketing year ending September and out of that, 18 lakh tonne have been shipped already, according to industry body ISMA.The government has allowed sugar mills to export 60 lakh tonne of sugar till […]