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HomeUncategorizedIndia's sugar export reaches record 7.23 mn tons in 2020-21: AISTA

India’s sugar export reaches record 7.23 mn tons in 2020-21: AISTA

Sugar mills exported an estimated record 7.23 million tonne in the 2020-21 marketing year that ended September 30, with maximum shipments to Indonesia, trade body AISTA said on Tuesday.

Of the total shipment, 7.06 million tonne of sugar has been exported, while about 1,66,335 tonne is under loading in the 2020-21 marketing year (October to September), it said. According to All India Sugar Trade Association (AISTA), about 6 million tonne of sugar was exported with government subsidy and 7.85 lakh tonne without subsidy in the 2020-21 marketing year. Maximum exports were undertaken to Indonesia at 1.82 million tonne, followed by Afghanistan (6,69,525 tonne), UAE (5,24,064 tonne) and Somalia (4,11,944 tonne) in 2020-21, it said in a statement. In the new marketing year 2021-22, export deals of about 15 lakh tonne have taken place so far, AISTA added. India is the world’s second-largest producer of sugar after Brazil.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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

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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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