Ahead of festive season, Nepal to import 20,000 MT sugar from India
1 year, 3 months ago

Ahead of festive season, Nepal to import 20,000 MT sugar from India

The Hindu  

Ahead of the festive season, Nepal is set to import 20,000 metric tonnes of sugar from India, which meets at least 70% of the Himalayan country’s domestic annual demand of approximately 3,00,000 MT. In view of the upcoming festivals, including Vijaya Dashami and Deepawali, the Ministry of Industry, Commerce and Supplies has asked the Finance Ministry to give customs waiver for importing 60,000 MT of sugar to meet the local demand. Two companies, Salt Trading Corporation and Food Management and Trading Company, both would import 10,000 MT sugar each for the upcoming festival season, according to Sharma. According to Mr. Jha, Nepal’s domestic demand for sugar stands at 3,00,000 MT and it needs to import a huge quantity of sugar mainly from India.

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History of this topic

Nepal turns to India amid fears of food shortage in festive season, urges to export more rice, sugar
1 year, 4 months ago

Nepal turns to India amid fears of food shortage in festive season, urges to export more rice, sugar

India TV News  

The Nepal government has requested India to facilitate the supply of paddy, rice and sugar, a senior official said in Kathmandu on Wednesday. "Nepal has requested India to provide one million tonnes of paddy, 1,00,000 tonnes of rice, and 50,000 tonnes of sugar," he said. "No immediate shortage of rice and sugar in the market: Nepal Though there is no …

Govt unlikely to allow sugar exports next season
1 year, 6 months ago

Govt unlikely to allow sugar exports next season

Live Mint  

The department of food and public distribution is unlikely to allocate quota to sugar mills for export or allow Indian mills to export sugar in 2023-24 to ensure domestic supply and keep prices in check. This comes in the backdrop of India’s sugar production in the ongoing season dipping to 32.4 million tonnes from the initial estimates of 36.5 mt, …

Extra 1 million tons sugar exports possible if domestic output meets estimate, says govt. official
1 year, 9 months ago

Extra 1 million tons sugar exports possible if domestic output meets estimate, says govt. official

The Hindu  

India, the world's second-largest sugar-producing nation after Brazil, can export an additional one million tonnes of the sweetener if the domestic output reaches an estimated 33.6 million tonnes this year, a senior Food Ministry official said on March 6. "More exports are possible and we have a cushion for exports of additional one million tonnes, suppose the overall production reaches …

India exports 16.92 lac tons of sugar till January 4 of 2022-23; over 59,000 tons to China
1 year, 11 months ago

India exports 16.92 lac tons of sugar till January 4 of 2022-23; over 59,000 tons to China

Firstpost  

New Delhi: India has exported 16.92 lakh tonnes of sugar till January 4 of the ongoing 2022-23 marketing year, including 59,596 tonnes of the sweetener to neighbouring China, trade body AISTA said on Tuesday. Among other neighbouring nations, India has exported 1.47 lakh tonnes of sugar to Bangladesh, and 82,462 tonnes to Sri Lanka during October-January 4 of the current …

Centre resumes sugar exports; allows 6 million tonnes on quota basis till May 31
2 years, 1 month ago

Centre resumes sugar exports; allows 6 million tonnes on quota basis till May 31

Firstpost  

The food ministry has allocated a uniform export quota of 18.23 per cent of the three years average production of the sweetener in operational sugar seasons New Delhi: The Central government on Saturday allowed the export of 6 million tonnes of sugar on a quota basis till May 31, according to a food ministry notification. As per the notification, the …

India Becomes World's Largest Producer of Sugar With 394 Lakh Tonnes Output; Check Details
2 years, 2 months ago

India Becomes World's Largest Producer of Sugar With 394 Lakh Tonnes Output; Check Details

News 18  

India has emerged as the world’s largest producer of sugar with a record production of about 394 lakh metric tonnes of sweetener being produced during the sugar season 2021-22. Out of this, 35 LMT sugar was diverted to ethanol production and 359 LMT sugar was produced by sugar mills, according to an official statement. It is also noteworthy that for …

India set to allow 5 mn tonnes of sugar exports in first tranche
2 years, 3 months ago

India set to allow 5 mn tonnes of sugar exports in first tranche

The Hindu  

India is poised to allow 5 million tonnes of sugar exports in the first tranche for the new marketing year beginning October, two government sources said on Wednesday. “The permission to export 5 million tonnes of sugar is expected in the coming weeks and once we have a better sense about next sugar year’s production, we could allow another 3 …

India set to allow 5 mn tonnes of sugar exports in first tranche
2 years, 3 months ago

India set to allow 5 mn tonnes of sugar exports in first tranche

Live Mint  

India is poised to allow 5 million tonnes of sugar exports in the first tranche for the new marketing year beginning October, two government sources said on Wednesday. "The permission to export 5 million tonnes of sugar is expected in the coming weeks and once we have a better sense about next sugar year's production, we could allow another 3 …

India could soon approve sugar exports in two tranches: Report
2 years, 3 months ago

India could soon approve sugar exports in two tranches: Report

Live Mint  

India is set to allow sugar exports in two tranches for the next season beginning in October, as the world's biggest producer of the sweetener tries to balance the interests of its farmers and consumers, government and industry officials told Reuters. New Delhi could allow exports of 7 million to 8 million tonnes in the next season, said a senior …

Explained | Why India, world’s largest producer of sugar, has put brakes on exports
2 years, 6 months ago

Explained | Why India, world’s largest producer of sugar, has put brakes on exports

The Hindu  

The story so far: A fortnight after it banned wheat exports, India announced restrictions on the export of sugar to keep a lid on prices in the domestic market. “Taking into consideration unprecedented growth in exports of sugar and the need to maintain sufficient stock of sugar in the country as well as to safeguard interests of the common citizens …

Explained: Why India has curbed sugar exports despite a bumper crop
2 years, 6 months ago

Explained: Why India has curbed sugar exports despite a bumper crop

Firstpost  

India is the world’s second-largest exporter of sugar. Sugar production in India has increased by 14 per cent to 34.2 million tonnes so far in the ongoing 2021-22 marketing year and is expected to touch a record of 35.5 MT. “India for the first time has witnessed record production of net sugar of 34.2 million tonnes till April 2022,” the …

India curbs sugar exports to ensure supply, stabilize price
2 years, 7 months ago

India curbs sugar exports to ensure supply, stabilize price

Associated Press  

NEW DELHI — India is restricting its sugar exports to 10 million tons in the current season to help maintain domestic availability and keep prices stable. In the current June-October sugar season, contracts for export of about 9 million tons have been signed and 7.8 million tons were already exported, the government said in a statement. It is allowing private …

India imposes restrictions on sugar exports from 1 June to maintain domestic availability, price stability
2 years, 7 months ago

India imposes restrictions on sugar exports from 1 June to maintain domestic availability, price stability

Firstpost  

The Directorate General of Foreign Trade said that the export restrictions would not be applicable on sugar exported to the EU and the US under CXL and TRQ New Delhi: The government has imposed restrictions on sugar exports from 1 June, 2022, a move aimed at increasing availability of the commodity in the domestic market and curbing price rise. In …

India notifies 8,424 tonnes of raw sugar exports to U.S. under tariff-rate quota
3 years, 2 months ago

India notifies 8,424 tonnes of raw sugar exports to U.S. under tariff-rate quota

The Hindu  

The government on Friday permitted export of 8,424 tonnes of raw or white sugar under tariff-rate quota to the U.S., which enables shipments to enjoy relatively low tariff. India enjoys duty-free sugar exports to the U.S. for up to 10,000 tonnes annually under the preferential quota arrangement. The country's sugar export rose 20% to an all-time high of 7.1 million …

‘Ethanol production absorbed 2 MT of sugar’
3 years, 2 months ago

‘Ethanol production absorbed 2 MT of sugar’

The Hindu  

Almost two million tonnes of sugar were diverted for ethanol production during the last sugar season, Sudhanshu Pandey, Food Secretary, said at a webinar on sugar output on Friday. During the current season, which started on Friday, about 3.5 MT of sugar are expected to be used for ethanol production in the country. Abinash Verma, Director General of the Indian …

Sugar Mills Sign Export Deals Without Govt Subsidies as They Scramble to Pay Dues
4 years, 1 month ago

Sugar Mills Sign Export Deals Without Govt Subsidies as They Scramble to Pay Dues

News 18  

Indian sugar mills have for the first time in three years agreed export agreements without the support of government subsidies as they scramble to pay dues owing to farmers, four industry officials told Reuters. India has revived a proposal to get sugar mills to export 6 million tonnes of sugar by incentivising overseas sales in the 2020/21 season to cut …

Govt not considering extension of sugar export subsidies for 2020-21: Piyush Goyal
4 years, 1 month ago

Govt not considering extension of sugar export subsidies for 2020-21: Piyush Goyal

Live Mint  

The government is currently not considering an extension of sugar export subsidies for the 2020-21 season that commenced this month in view of stable international sugar prices, Food and Commerce Minister Piyush Goyal said on Friday. India, the world's second-largest sugar-producing country, had to offer export subsidies during the last two years in order to reduce surplus stocks and help …

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