India to cap sugar exports until H1 2024 as El Nino looms
India is not considering allowing sugar exports until at least the first half of the next season, as the government is worried the El Nino weather pattern could reduce rainfall and dent production, government sources said on Monday.
It is reported by Reuters.
India, the world's second biggest sugar exporter, usually decides the amount of the sweetener mills can export before the start of the new marketing year on Oct. 1. T...