Lower sugar output from the country’s western region will make the Indian government cautious on permitting sugar exports despite improved domestic supplies.
The moderation in crude oil prices, which is expected to diminish the appeal of ethanol for oil marketing companies (OMCs), along with increasing uncertainty over whether the government will raise the regulated prices of cane-based ethanol, is driving Indian sugar mills to lobby for the reopening of exports. As per the Indian Sugar Mills Association
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