India Exports 1.692 Million Tons of Sugar Till January 4 of 2022-23; Over 59K Tons to China

Among other neighbouring nations, India has exported 0.147 million tonnes of sugar to Bangladesh, and 82,462 tonnes to Sri Lanka during October-January 4 of the current marketing year, All India Sugar Trade Association (AISTA) said in a statement.

The sugar marketing year runs from October to September. The government has allowed export of 6 million tonnes till May of the 2022-23 marketing year.

According to AISTA, mills have exported a total of 16,92,751 tonnes of sugar from October 1, 2022 to January 4, this year.

Over 0.347 million tonnes of sugar is under loading, while 0.254 million tonnes of sugar has been delivered to refineries considered to be deemed export in the said period, it said.

Of the total exports undert so far, maximum exports have been to Somalia at  0.17 million tonnes, followed by the UAE at 0,16 million tonnes, Djibouti at 0.15 million tonnes, and Sudan at 0.14 million tonnes.

India exported 0.13 million tonnes to Malaysia, 0.12 million tonnes to Indonesia, and 0.11 million tonnes to Saudi Arabia till January 4 of the current marketing year, AISTA added.

Sugar exports from India, one of the world’s major sugar producing nations, stood at 11.2 million tonnes in the 2021-22 marketing year.

AISTA has made an initial projection of sugar output to be lower at 35.8 million tonnes during the 2022-23 marketing year, from a record 36.5 million tonnes in the previous year.

Source: financial express

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