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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 this news of sugar export to the UK? What would it mean for the sector? It is more a sentimental thing...

'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 months since the scheme became applicable, Indonesia has emerged as the top importer of Indian sugar a...

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 four-year high and an export subsidy makes overseas sales lucrative. Higher exports from the world'...

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.