September 22, 2024

Report Wire

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India extends curbs on sugar exports until October 2023

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India, the world’s largest sugar producer, has prolonged restrictions for sugar export by one yr by means of October 2023, the federal government stated in a notification late on Friday.

In May, the south Asian nation restricted exports by means of the tip of this month to comprise an increase in home costs following information exports.

India is anticipated to provide report sugar crop this yr, which may permit New Delhi to permit exports of as much as 8 million tonnes, the federal government and trade official stated this month.