13.3 C
New York
Wednesday, December 7, 2022

India extends curbs on sugar exports by a year through Oct 2023

MUMBAI: India, the world’s biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.

In May, the south Asian country restricted exports through the end of this month to contain a rise in domestic prices following records exports.

India is expected to produce record sugar crop this year, which could allow New Delhi to allow exports of up to 8 million tonnes, the government and industry official said this month.

Experts for determining sugar prices by market forces

India extends curbs on sugar exports by a year through Oct 2023

Source: Brecorder

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,280FansLike
12,893FollowersFollow
743FollowersFollow
- Advertisement -

Latest Articles

Popular Articles