The Centre has decided to allow exports of 15 lakh tonnes of sugar for the current 2025-26 season, according to the Union Minister of Consumer Affairs, Food and Public Distribution, Pralhad Joshi. Also, the 50 per cent export duty on molasses has been removed stated Joshi in a letter to the Karnataka Chief Minister, Siddaramiah on Friday. However, Joshi has not mentioned a time frame by when the exports of sugar will take effect.
This is expected to help improve the ex-mill prices of the sweetener as expectations of a higher domestic sugar output is weighing on the prices. The sugar industry was demanding that the government allow exports of 20 lakh tonnes of the sweetener for 2025-26 season.
“The government’s move to allow 15 lakh tonnes exports is definitely good for the industry,” sai

Businessline

ABC30 Fresno Sports
VARIETY
Bozeman Daily Chronicle Sports
AlterNet
Nola Sports
The Daily Beast
The Babylon Bee