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Sugar News - Indian Sugar Mills Association has again requested the government to allow sugar mills to export sugar.
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Indian Sugar Mills Association has again requested the government to allow sugar mills to export sugar.

 The Indian Sugar Mills Association has expressed their concern that sugar mills had applied for 17 LMT of sugar for export however Export Release Order (ERO)s for only 8 LMT were issued earlier. Furthermore, the letter indicated that approximately 6-7 LMT of raw sugar is lying idle at the mills or ports and proving to be unhelpful in building of the closing stock.  For un-exported quantities, sugar mills may face financial losses.

As per Agriwatch there is enough sugar stock available with the mills and further more exports would not affect the domestic market as prices are currently stable despite a record sugar export in the 2021-22 season. Also, area under suagracne is expected to increase in the coming 2022-23 season.