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HomeUncategorizedSugar exports reach 4.75 MT this year: AISTA

Sugar exports reach 4.75 MT this year: AISTA

Sugar mills have exported 4.75 million tonne (MT) of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Friday.

Mills have contracted to export 5.9 million tonnes of sugar so far as against the 6-million tonne quota assigned by the Food Ministry in January this year, All India Sugar Trade Association (AISTA) said in a statement.

An additional 4,30,000 tonne of sugar has been contracted under OGL (open general licence) route without subsidy support. Moreover, sugar export to Iran has started in small quantities. About 6,982 tonnes was shipped to Iran in June, it added.

The above news was originally posted on www.thehindu.com

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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