Page 2 - Sugar Exports

Indian sugar exports and output could hit record high, says trade body

India could export a record 7.5 million tonnes of sugar in the 2021/22 marketing year, nearly 25% more than the previous estimate, with output set to reach a record high

India's sugar exports estimate revised upward to 7.5 MT for this year: ISMA

The country has physically exported 4.2 MT of sugar till February of the current marketing year, against the export contracts already undertaken for shipment of six million tonne: ISMA

Sugar exports jump nearly 4-fold in Oct-Dec 21; production up 6%: ISMA

India's sugar exports during October-December period jumped nearly four-fold to 17 lakh tonnes on higher demand from overseas, according to industry body ISMA. So far, 38-40 lakh tonnes have been contracted by mills for exports. Mills are now waiting for global prices to improve for further contracts. Sugar marketing year runs from October to September. "As per market reports and port information, about 17 lakh tonnes of sugar have been physically exported during the period October to December' 2021," ISMA said in a statement. During the same period in the previous year, about 4.5 lakh tonnes of sugar were exported. Further, ISMA said it is reported that about 7 lakh tonnes of sugar is in pipeline for export this month. "Amid news of expectedly better upcoming season 2022-23 (April March) in CS Brazil, the global price of raw sugar has fallen further and is currently reeling at an over 5-month low at around 18 cents/pound," ISMA said. According to the association, Indian mills

India's sugar exports slow as global prices correct, rupee firms

Mills pause after signing deals to export 4 mn tonnes of sugar; diversion of sugar for ethanol reduces stockpiles, say dealers

India appeals against WTO dispute panel ruling on sugar export subsidies

The appeal was filed by India in the WTO's Appellate Body, which is the final authority on such trade disputes

Lasting solution

WTO ruling is an opportunity to reform the sugar sector

India's sugar exports in a sweet spot despite WTO subsidy ruling

Brazil's low crop will continue to make India one of the major suppliers of the sweetener

India loses WTO dispute over sugar subsidies; set to file an appeal

In its response to WTO members over the concerns, India said the support given was largely to small and marginal farmers and was in accordance with its commitments at the trade body

India exports 939,000 tonnes of sugar so far this marketing year: AISTA

Sugar mills have exported 9.39 lakh tonnes of the sweetener till the first week of December during the ongoing 2021-22 marketing year that started from October 1, and are not in hurry to sell further

India exports 2.76 lakh tonnes of sugar in last 40 days: AISTA

Sugar mills have exported 2.76 lakh tonnes of sugar in the last 40 days of the current marketing year with maximum shipments to the UAE, trade body AISTA said on Wednesday

India's sugar exports rise 20% to record 7.1 MT in 2020-21: ISMA

India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 marketing year ended last month on the back of better demand and financial assistance from government

India can export 6 million tonnes of sugar next season, says ISMA

India, the world's second largest sugar producer, can export 6 million tonne of the sweetener in the 2021-22 season commencing next month, taking advantage of the firm global market, ISMA said

Govt announces incentive for mills exporting sugar, diverting it to ethanol

The Centre on Thursday announced an incentive for sugar mills in the form of an additional domestic sales quota to those that export sugar and divert the commodity towards ethanol making

Sugar rally could help India to export 6 million tonnes without subsidy

New Delhi is expected to withdraw sugar export subsidies from the new season as a sharp rise in prices makes it easier for Indian mills to sell on the world market, a govt official said

Govt likely to withdraw sugar export subsidies from new season

India, the world's biggest sugar producer after Brazil, incentivised overseas sales for three years in a row, helping New Delhi emerge as a significant, stable exporter of the commodity.

India's sugar exports touch 5.11 mn tonnes so far this year: AISTA

Sugar mills have exported 5.11 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Thursday

Indian traders sign sugar export deals in advance as frost hits Brazil

Traders said the likely decline has already lifted sugar prices near their highest levels in 3-years

India's sugar exports touch 4.25 mn tonnes so far this year: AISTA

Sugar mills in India have exported 4.25 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said

Sugar stocks trading weak on subsidy squeeze may be an anomaly

The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday

Sugar can be exported sans subsidy only under tighter global mkts: industry

Commodity is quoting at $415-420 a tonne in global market currently; industry says price range of $435-440 will make exports without subsidy support viable