India is unlikely to ease restrictions on sugar exports
India is unlikely to ease restrictions on exports of sugar until at least October and any reconsideration of the ban will depend on the progress of planting for the upcoming season, reported Money Control, citing a government official on the condition of anonymity.
India, the world’s second-largest sugar producer, imposed a restriction on sugar exports anticipating a reduced harvest due to unpredictable monsoon rainfall. This decision aimed to stabilize do...