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The food ministry has released higher monthly sugar sale quota for March 2023.
Published on: Mar 01 2023, 11:31
About 22 LMT of monthly sales quota has been allocated for March 2023, which is 0.5 LMT higher than the monthly sales quota for March 2022. With the increasing temperature and early summer season, sugar demand is likely to increase in the coming month.
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- NFCSF has estimated sugar production at around 270 lakh tonne till 28th February 23
- Sugar production in India has reached 257 lakh tonne till 28th February 2023
- National Board of Revenue Bangladesh has withdrawn import duty on raw and refined sugar
- The food ministry has released higher monthly sugar sale quota for March 2023.
- AISTA has revised its sugar production estimate downwards at 33.5 million tonne for the 2022-23 season
- ISO estimates world sugar production at 180.43 million tonne for the 2022-23 season