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Centre may allow 8 million tonnes sugar exports next season in two tranches

In the first tranche, market sources said exports of around 5 mt could be permitted. This could be expanded by another 2.5-3 mt only after assessing the price situation and supply-demand scenario

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Whether exports will be permitted under open general licence — as is being demanded by the industry or under the prevailing quota system — isn’t as yet clear. A final call is being worked out.

Sanjeeb Mukherjee New Delhi
With sugar production projected to be nearly 40 million tonnes (mt) in the 2022-23 sugar season (starting October 1), the central government may be looking at a policy to allow exports of around 8 mt of the sweetener in two tranches, informed trade and market sources.

In the first tranche, market sources said exports of around 5 mt could be permitted. This could be expanded by another 2.5-3 mt only after assessing the price situation and supply-demand scenario.

The sugar season runs from October through September.

If permitted, this will be lower than the 11.2 mt of sugar expected to be exported in

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First Published: Aug 25 2022 | 1:32 AM IST

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