India allows mills to export 6 mln tonnes of sugar
Business
12:41 06 Nov, 2022
India on Saturday approved the 2022/23 export of 6 million tonnes of sugar, in line with market expectations for the year's first tranche, Qazet.az reports according to Reuters.
India exported an all-time high of more than 11 million tonnes of sugar in 2021/22 and the industry was expecting New Delhi this year to allow exports of 8 to 9 million tonnes in two tranches.
India is the world's biggest producer of sugar and the second biggest exporter.