Sugar Exports Expected to Reach 8 Lakh Tonnes

01-May-2025 04:31 PM

Sugar Exports Expected to Reach 8 Lakh Tonnes
★ The Food Secretary stated that sugar exports could reach up to 8 lakh tonnes in the 2024-25 season (October to September), which is below the permitted quota of 10 lakh tonnes.  
★ So far, 3 lakh tonnes of sugar have been exported, and around 60,000 tonnes are ready for shipment at ports.  
★ The Food Ministry has estimated total sugar production at 260 lakh tonnes for this season.  
★ In the previous 2023-24 season, sugar exports were completely banned due to the impact on domestic supply. The ban was lifted in January 2025 with an export approval of 10 lakh tonnes.  
★ Export momentum has been slower than expected due to weak international prices.