India is one of the biggest sugar exporters. Sugar is sent to many countries from here. Companies related to the Chinese Business- All India Sugar Trade Association (AISTA) has now released data related to sugar exports during the current marketing year 2024-25. The marketing begins in October and ends in September. India has exported 2,87,204 tonnes of sugar in the year 2024-25, Esta said. The largest Chinese import country is Somalia, which has called for a maximum of 51,596 tonnes.
The government approved export on January 20
On January 20 this year, the Center approved the export of sugar for the current marketing year. At the same time, the government has also set a limit for exports that the exporter can only send one million tonnes of sugar abroad. According to the All India Sugar Trade Association (AISTA), Mills has exported a total of 2,87,204 tonnes of sugar until April 8 of the current marketing year. It said that about 17,837 tonnes of sugar was subject to loading. So far, the maximum exports are 51,596 tonnes of Somalia, 48,864 tonnes of Afghanistan, 46,757 tonnes to Sri Lanka and Libya.
Chinese Shipment Slow, Quick Rating
During this period, India exported 27,064 tonnes, 21,834 tonnes to UAE, 21,141 tonnes for Danzania, 5,589 tonnes for Bangladesh and 5,427 tonnes to China. The speed of sugar exports from India is slow, but it is expected to grow in a month. The impact of the fall in crude oil prices should be found at the price of sugar, as it is a major contributor to ethanol transport fuel. Chinese exports from India, the world’s main Chinese production country, were banned from 2023-24.
18 percent decline in sugar production
At the same time, the current marketing season 2024-25 has been six months of sugar in India. However, at this time, there has been an 18 percent reduction in sugar production. The season, which runs from October to September 1, produces 248.5 lakh sugar in six months from October 1, 2024 to March 2025, while 302.5 lakh tonnes of sugar was produced during the past marketing season, which shows 18 per cent decline this year. The Co -operative Federation National Co -operative Sugar Factory (NFCSF) has published this data. The cause of the fall is said to stop crushing in Chinese mills.
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