Page 4 - Sugar Exports

India's sugar exports to Malaysia in 2020 hit record amid trade spat

The record buying could also help India, the world's biggest producer of sugar, to cut stockpiles that are squeezing domestic prices

Centre reallocates unused sugar export quotas to boost shipments

To reduce that debt and pare rising inventories, New Delhi has approved a subsidy of Rs 10,448 ($145) a tonne for exports of 6 million tonnes in the 2019/20 season.

Govt allots 650,000 tonnes of unused sugar export quota under MAEQ scheme

India has exported 3.8 million tonne of sugar during 2018-19 marketing year against the mandatory quota of 5 million tonne

Government tweaks guidelines to ensure sugar exports meet the target

ISMA and traders have estimated that exports would be about 5 million tonnes (mt) this season, against 6 mt of MAEQs issued by the government

Sweetener for sugar exports: Forecast of global shortage offers fresh hope

This is because the Indian industry contending with brimming inventories has been given a mandate by the government to sell 6 mt in the world market

Sugar exports looking up, contracts worth 2.5 million tonnes signed

Domestic industry eyeing total sugar exports of 5 MT this season

India's sugar output down 30.22% in Oct-Dec 2019; prices stable: ISMA

Ex-mill sugar prices have remained steady in the range of Rs 3,250-3,350 per quintal in north India and at Rs 3,100-3,250 per quintal in the south India, the industry body added

Indian sugar industry poised to export 5 mn tonne, likely to set new record

Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct. 1, 2019

Govt gives sugar mills time till Dec 31 to export last year's balance quota

This will be over and above the quota allocated for the ongoing 2019-20 marketing year.

Sugar exports stay largely muted over low prices in international market

Meanwhile, UP chief minister Yogi Adityanath today acknowledged the tight liquidity situation of millers owing to low global sugar prices

Indian traders selling old season sugar to Iran after subsidy: Report

Exports from the world's biggest sugar producer could put pressure on global prices but will help India reduce its inventories that have driven down domestic prices

India starts talk with UK, EU on concessional sugar exports post Brexit

Currently, the EU permits India to export 10,000 tonne of sugar at concessional duty rates under the CXL quota

Sugar subsidy: India's trying to race Brazil by rushing exports

Producers are talking to importers in West Asia, China, East Africa, Bangladesh, Iran and Sri Lanka with a view to starting shipments from next month

India dumping its extra sugar may drag down already low global prices

Even though world inventories are forecast to drop, the excess hoard is still big enough to satisfy annual consumption in India and the European Union, the top consumers

Cabinet approves Rs 6,268 crore export subsidy for 6 mn tonnes of sugar

This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka as well as other states

Govt okays 100% FDI in contract mfg, eases rules for single brand retail

The Union Cabinet also approved 100% FDI under automatic route in coal mining and associated infrastructure

WTO panels to rule on complaints against India's sugar export subsidies

India will keep its sugar export subsidies despite complaints to the WTO from rival producers.

Government eases norms to export sugar surplus to prop up local prices

The country is likely to produce a record 29.5 million tonnes of sugar in the 2017/18 season that ends on Sept. 30