India exports 2.76 lakh tonnes of sugar in last 40 days, says AISTA


2.76 lakh tonnes of sugar exported in 40 days

New Delhi. Sugar mills have exported 2.76 lakh tonnes of sugar in the first 40 days of the current marketing year, with the highest export being to the United Arab Emirates (UAE). The trade body AISTA released this information on Wednesday. All India Sugar Trade Association (AISTA) said in a statement that more than 1.44 billion tons of sugar are in the process of shipping. He said sugar mills have so far been contracted to export 1.8 million tons of sugar without government subsidy in the 2021-22 marketing year.

The Chinese trade season runs from October to September. This year, sugar is exported without government subsidy. According to AISTA, the sugar mills exported a total of 2.76,676 tons from October 1 to November 9, 2021. Of the total exports made so far, the UAE has the largest export of 1.08 lakh tons of sugar. After this, 52,330 tons of sugar have been exported to Bangladesh, 24,960 tons to Somalia and 22,646 tons to Iran. AISTA said: “Despite the contract for 1.8 million tons of sugar due to the delay in the start-up of the sugar mills, the export of raw sugar is slow.” Exports come mainly from sugar mills in Maharashtra and Karnataka.

The trade body said 18,290 tonnes of sugar were exported to Sri Lanka despite currency difficulties. He said that the current price of sugar in North India and Bihar is Rs 35,500 to 37,500 per ton. Therefore, the amount of sugar exported by sugar mills in North India is negligible. During the 2020-21 business year, India exported a record 72.3 lakhs tonnes of sugar. Most of it was exported with the help of government subsidies.

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