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India's new sugar season to start with 62 lakh tonnes of stocks

25 May 2022 4:18 pm
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Mumbai, 25 May (Commoditiescontrol): Indian could commence sugar's new marketing year on Oct 1 with carry forward stocks of 62 lakh tonnes even after exporting a record 100 lakh tonnes, the top official told media reports on Wednesday.

On Tuesday India imposed restrictions on sugar exports for the first time in six years by capping this season's exports at 100 lakh tonnes.

New Delhi had decided to restrict exports as a precautionary measure in an attempt to ensure enough supplies remain in the country to meet demand during festival season, Food Secretary Sudhanshu Pandey told reporters.

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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