Ethanol First
India’s move to extend the ban on sugar exports signals a strategic shift towards bolstering domestic supply chains and reinforcing its commitment to ethanol production.
India’s move to extend the ban on sugar exports signals a strategic shift towards bolstering domestic supply chains and reinforcing its commitment to ethanol production.
India has extended the limitations on the export of sugar by one year through October 31, 2023, according to a notification by the Directorate General of Foreign Trade.
According to the DGCI&S data, India had exported sugar worth $1965 million in 2019-20, which rose to $2790 million in 2020-21 and $ 4600 million in 2021-22.
Mills have contracted to export the entire 6 million tonne sugar quota assigned by the food ministry in January this year, All India Sugar Trade Association (AISTA) said in a statement.
