Govt unlikely to permit additional sugar exports this year due to slight fall in production
时间:2024-06-26 12:00:53 阅读(143)
The government is unlikely to permit additional sugar exports this year as untimely rains have impacted the production in Maharashtra, Food Secretary Sanjeev Chopra said on Thursday.
The food ministry has allowed 6 million tonnes of sugar exports for the current 2022-23 marketing year (October-September). Out of which, about 4 million tonnes have been exported so far, as per the trade report.
Also Read: Sensex, Nifty rise for 5th day in a row; financial shares advance on RBI policy decision
In view of likely fall in sugar output, the Secretary said, “Additional sugar export quota is unlikely to be allowed.” Sugar production in India, the world’s second largest sugar producing nation after Brazil, remained lower by three per cent at 29.96 million tonnes in the first six months of the 2022-23 marketing year ending September, as per the industry body ISMA.
Since the last two weeks, many states including Maharashtra and Uttar Pradesh received untimely rains due to Western Disturbances.
India exported a record 11 million tonnes of sugar in the previous marketing year.
猜你喜欢
- 52-week high, 52-week low- HAL, M&M among 63 stocks to hit 52-week high on BSE, 31 scrips at fresh lows
- D-Street in a bear hug; Adani, T+1 trigger sharp slide in banks
- Rating- buy- Britannia Industries- results above estimates; growth in single digits
- Crude set to see price shift despite decline on weak global sentiment
- Ram Temple consecration likely to generate Rs 50,000 crore trade in January- CAIT
- Adani Enterprises, Tata Motors, DLF, Dr Reddy’s, LTI Mindtree, CEAT, Tata Elxsi, Adani group stocks in focus
- Congratulatory messages pour in as Aditya-L1 reaches destination
- Adani Enterprises, SBI, Vedanta, Jubilant FoodWorks, CBI, IndusInd Bank, Aurobindo Pharma stocks in focus
- Corporate bond issuances slow down amid high interest rates, volatility