30.68 lakh tonnes shipped out until January-end
Exporters have signed deals to export 46 lakh tonnes of sugar with bodily sugar dispatches from sugar mills to ports and refineries envisioned at 37 lakh tonnes from the begin of the season on October 1, 2021, till now, the All India Sugar Trade Association (AISTA) has said.

In a press statement, AISTA said physical shipment done from October 2021 to January 2022 stands at 30,68, 697 tonnes.
“The sugar generators within the States of Maharashtra and Karnataka retain to face the hassle of railway wagons, as sugar for export is specially getting lifted from these States simplest,” said AISTA Chairman Praful Vithalani.

AISTA stated worldwide sugar prices are hovering around 18.25 US cents according to pound. The budget have decreased their positions in current past. The market tendencies shall rely upon the sugar manufacturing estimates of Brazil, the Brazilian sugar-ethanol ratio, climate conditions inside the coming months in Brazil and Brazilian gasoline coverage.

“Indian sugar mills keep to get the top rate on their sugar and have bought within the range of 19.Five to 20 cents in line with pound equivalent. Mills in Maharashtra and Karnataka have sold uncooked sugar at ₹31 to ₹31.80 consistent with kg,” AITSA said in the statement.