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    HomeNewsBusinessIndia needs to export 6 million tonnes sugar as output rebounds: Trade body

    India needs to export 6 million tonnes sugar as output rebounds: Trade body

    The world's biggest consumer of the sweetener is likely to produce 31MT of sugar in the new season, nearly 13 percent more than a year ago, the Indian Sugar Mills Association (ISMA) said in a statement.

    Reuters
    October 19, 2020 / 16:29 IST

    India needs to export 6 million tonnes (MT) of sugar in 2020/21 marketing year started on October 1 as the production is set to jump on higher area, a leading trade body said on Monday.

    The world's biggest consumer of the sweetener is likely to produce 31MT of sugar in the new season, nearly 13 percent more than a year ago, the Indian Sugar Mills Association (ISMA) said in a statement.

    India started the new marketing year with carry forward stocks of 10.64MT, lower than the 14.58MT a year ago, the ISMA said.

    Reuters
    first published: Oct 19, 2020 04:15 pm

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