SUGAR EXPORTS CURB

India experienced its highest monsoon rainfall since 2020, with above-average precipitation for three consecutive months, aiding recovery from last year's drought. The abundant rain, critical for agriculture, may damage some summer-sown crops but al...

Brazil's wildfires and drought have disrupted the global sugar market, shifting focus to Thailand and India. While Thailand's crop is expected to rebound, recent floods pose risks. In India, support for ethanol production may prolong sugar-export cu...

India is considering easing restrictions on non-basmati rice exports as inventories surge and a new crop is set to be harvested. This move follows recent measures to boost farmers' incomes ahead of state elections. The government is also looking at ...

India has enacted policies to boost farm exports and restrict vegetable oil imports ahead of state elections. The government removed minimum export prices for basmati rice and onions, while raising tariffs on edible oils to assist farmers. These mea...

India plans to extend its sugar export ban for a second year due to lower cane output. The government also aims to increase ethanol procurement prices to boost biofuel supplies. This move could tighten global sugar supplies and raise prices, especia...

Malaysian Minister for Plantation and Commodities, Datuk Seri Johari Abdul Ghani, emphasized the negative effects of India’s export restrictions on rice, sugar, and onions for Malaysia. Highlighting the “friendly ties” between the countries, Ghani, ...

Malaysia has urged India to ease export restrictions on key farm goods such as rice and sugar. Malaysia's Minister for Plantation and Commodities, Johari Bin Abdul Ghani, highlighted the negative impact of India's abrupt export curbs on Malaysia dur...

The government's plan to relax rice export restrictions led to share surges in Kohinoor (9.6%), Chaman Lal (8.8%), KRBL (7.1%), and LT Foods (5.96%), aiming to avoid an October glut and tackle food inflation. Key points include Minimum Export Price,...

India may consider allowing sugar exports for the 2024-25 season pending final assessment of sugarcane sowing and output. The country anticipates a lower sugar production of 30 million tonnes compared to 32.8 million tonnes last year. Mills in Tamil...

The export curbs were imposed by the world's second-largest producer of wheat, rice and sugar last year to rein in rising domestic prices.

Sugar export: The government has rejected sugar export possibility for the current season despite industry demand. Indian Sugar Mills Association seeks to export 10 lakh tonnes, citing healthy closing stock. Sugar production exceeded 30 million tonn...

The government is considering a proposal to permit factories to use an additional 800,000 tons of sugar for biofuel this year.

India had banned wheat exports in May 2022, non-basmati rice exports from July 2023 and extended curbs on sugar exports beyond October 2023, as part of measures to control rising domestic prices.

India's trade minister predicts a rise in agricultural exports in fiscal 2023/24 despite restrictions on wheat, rice, and sugar. The country, the world's second-largest producer of these commodities, restricted exports last year to control rising do...

India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoi...

Sugar Prices surged ahead of the festive season and wedding season. The government took various measures such as imposing restrictions on the sugar export in order to control rising sugar prices. During the festive season, the government is not expe...

However, these restrictions will not be applicable to sugar being exported to the European Union and the US under CXL and tariff rate quota (TRQ) concessions. A specified amount of sugar is exported to these regions at lower tariffs.

India is planning to restrict the export of organic sugar for the 2023-24 season due to record-high outward shipments. Currently, raw, white, and refined sugar are already on the restricted list until October 31, and the timeline is expected to be e...

The Indian government is considering imposing a 25% duty on the export of molasses due to an expected decline in sugar production. The move aims to increase the availability of molasses for domestic distilleries, helping them meet the government's e...