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For 2023-24, sugar production is estimated at 32 MT,Indiaexported 6 MT of sugar in the 2022-23 season and since then the government has not allocated any quota for sugar export.
Food ministry has earlier ruled out providing any quote for sugar export in the current season as they are closely watching the supply situation as crushing of sugarcane has commenced.ISMA had urged the government to allow around 2 MT of sugar exports in the current sugar season so that mills don’t have to incur the carrying cost of surplus sweetener due to expectation of better harvest and comfortable opening stocks.On the sluggish lifting of rice for grain-based distilleries for ethanol manufacturing, Chopra said that prices were not viable.
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