Page 5 - Sugar Export News Today

India has appealed against a WTO panel's ruling that the country's domestic support measures for sugar are not at par with global trade norms

On Tuesday, a WTO panel ruled in favour of Brazil, Australia and Guatemala in a trade dispute with India dating back to 2019 over sugar subsidies and asked New Delhi to conform with global rules.

Uganda’s sugar export quota to Kenya has been cut to 18,923 tonnes down from 90,000 tonnes in favour of southern Africa countries such as eSwatini and Zambia

The Centre on Thursday 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. However, trade sources said the move may not impact exports much, as of the existing quota of 6 million tonnes, around 5.7 million tonnes have already been contracted at the older subsidy rate of Rs 6.000 per tonne. For the ongoing 2020-21 marketing year (October-September), the government had fixed a subsidy of Rs 6,000 per tonne to facil...

Synopsis According to Praful Vithalani, chairman, All India Sugar Traders Association (AISTA), there will not be any major impact on the ongoing sugar exports as agreements for 57 lakh tonnes of sugar exports have been executed till May 19 nor there will not be any impact on domestic prices as these are controlled by the monthly release mechanism. Agencies According to trade estimates, the government will be able to save an outgo of Rs 60 crore of the sugar export subsidy. The central governmen...

What export of extra 3,675 tonnes of sugar to UK means for industry SECTIONS Last Updated: Apr 15, 2021, 06:30 PM IST Share Synopsis “It is a small event in terms of quantity, but a good event as it means extra export under the UK duty-free.” ETMarkets.com NSE Explore Now The Indian government has permitted export of an additional 3,675 tonnes of raw/refined sugar under tariff-rate quota to the United Kingdom. Sakthi Sugarson what it means for the sugar industry. How are you looking at th...

The additional quantity of 3,675.13 tonne of raw/refined sugar to be exported to UK under TRQ up to September 30 this year is notified, Directorate General of Foreign Trade said in a public notice

Indonesia emerges largest buyer of India sugar in first quarter of 2021, says AISTA SECTIONS Share Synopsis Indian government had announced a scheme in January 2021 to incentivise exports and thus reduce the surplus sugar in the domestic market. The scheme was meant to help the sugarcane growing farmers as it assumed that the sugar mills will pay their bills on time when the sugar prices in the domestic market improve on clearing the excess stocks. Getty Images So far, during the first three mo...

Sugar mills rush to sign export contracts as prices rally Top Searches Sugar mills rush to sign export contracts as prices rally Reuters / Mar 17, 2021, 16:49 IST FacebookTwitterLinkedinEMail Sugar exports will help India reduce stockpiles and support local prices of the sweetener. (Representative image) MUMBAI: Sugar mills have contracted to export 4.3 million tonnes of sugar so far in the 2020-21 season ending on September 30, a trade body said on Wednesday, as a rally in global prices to a ...

In Maharashtra, 183 sugar mills were operating as on 15th February 2021 and had produced 75.46 lakh tonnes of sugar, compared with 43.38 l lakh tonnes produced last year in the same period. In the current year, 2 sugar mills have closed their operations. Last year 140 mills had operated, out of which 5 mills had stopped their crushing on the corresponding date.