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India Postpones Decision on Sugar Exports.


Date: 21-10-2011
Subject: India Postpones Decision on Sugar Exports
India has deferred a ministerial panel's meeting scheduled Thursday to consider sugar exports during this marketing year, government officials said.

The domestic sugar industry has been pushing for sugar exports in 2011/12 as the country is heading for another bumper crop. The government allowed 2.6 mln tonnes of sugar exports in 2010/11. While the industry seeks permission to ship around 4 mln tonnes to overseas destinations as soon as possible, the government has indicated that it will opt for shipments in smaller batches.

Source : agra-net.com

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