India has registered record sugar exports in the ongoing season. And also it is expected to export over 90 lakh tonnes.
According to the Indian Sugar Mills Association, contracts for export of over 85 lakh tonnes of sugar have already been entered into so far. Out of this, around 71 lakh tonnes of sugar have been physically exported out of the country till end of April 2022. Compared to this 43.19 lakh tonnes of sugar was exported during the corresponding period last year. Further, it is also reported that another about 8 -10 lakh tonnes of sugar is in pipeline to be physically exported in May 2022.
The industry body expects over 90 lakh tonnes of export in the current season against 71.91 lakh tonnes exported in last season.
