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India could restrict sugar exports to 10mn T, govt source says

NEW DELHI/MUMBAI: India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season’s exports at 10 million tonnes, a government source told Reuters on Tuesday.

Raw sugar steadies as traders eye Brazil output, rising oil, grains prices

India is the world’s biggest sugar producer and the second biggest exporter behind Brazil.

India could restrict sugar exports to 10mn T, govt source says

Source: Brecorder

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