India: Sugar export likely to end with shortfall, only 56% of target achieved

Sugar mills in India have achieved 2.8 million tonnes of the sweetener exports so far this season, 56 per cent of the cumulative 5 million tonnes of total minimum indicative export quota (MIEQ) allotted for the current season (October 2018 – September 2019).

“Indian mills have contracted for 3 million tonnes of sugar exports of which 2.8 million tonnes have been dispatched. Another 0.5 million tonnes of sugar can further be exported by September 2019. Thus, India’s sugar exports will remain short of achievement by around a third of its allocated quantity this year,” said Praful Vithalani, Chairman, All India Sugar Traders’ Association (AISTA).