In an announcement on December 26, the Food Ministry allocated a monthly sugar quota of 22.5 lakh metric tonnes (LMT) for January 2025, which is lower than the quantity allocated in January 2024.
In January 2024, the government had allocated a monthly sugar quota of 23 LMT for domestic sale.
For December 2024, the government allocated a sugar quota of 22 LMT.
According to market experts, due to good demand, the domestic market is likely to remain in a positive zone as the season progresses, with less oversupply.
For more details and in-depth insights, keep reading ChiniMandi, your go-to source for the latest news on the Sugar and Allied Sectors news.
