The unexpected decisions to allow sugar exports and to hike ethanol prices are positive steps. However, these measures do not fully address the regulatory headwinds facing the Indian sugar industry.
As we highlighted in our previous report, the Indian government was not likely to allow sugar exports in the current crushing season due to expectations of a sharp contraction in the country’s sugar production and persistent food inflation. Yet in a surprising move, New Delhi has permitted the export of one million tonnes of sugar
You need to be signed in with our Sugar Exec plan or above to view this content.
We use cookies to ensure that we give you the best experience on our website. To find out more about how we use cookies please see our Privacy Policy.OK
Share this article on Twitter
