Indian mills sign deals to export 2.7 MT of Sugar: Trade body
Commodity Online | April 11 2019
UPDATED 15:35:11 IST

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Indian sugar mills have contracted to export 2.7 million tonnes of sugar since the current season began on Oct. 1, trade body All India Sugar Trade Association (AISTA) said.

Mills have already shipped out 1.7 million tonnes of the sweetener, a top official of the All India Sugar Trade Association told Reuters.

Indian mills have sold nearly an equal quantity of raw and refined, or white sugar, for which the top destinations are Bangladesh, Sri Lanka, Somalia, Iran and Sudan, the official said.

India, the world's biggest sugar consumer, late last year approved incentives to encourage cash-strapped mills to export at least 5 million tonnes of sugar in the 2018-19 season to help prop up prices by trimming bulging stocks.

 

Commodity Arrivals Rate
Mustard Oil 250 10500.00
Coconut Oil NR 19100.00
Arecanut 5 2400.00
Sugar 10.38 3900.00

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