Global sugar market waiting for India's stand on 2020-21 export subsidy

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India has been giving incentives for sugar exports as the country has been consistently producing excess sugar for several years. In October 2019, millers had signed contracts for export of about 800,000 tonnes of sugar as the government had announced the continuation of export. Of the 6 million tonnes of quota given for export by the government, the industry exported 5.9 million tonnes of sugar in 2019-20.

from Agriculture-Economy-News-Economic Times https://ift.tt/3knyhXY

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