India bars sugar exports until September

Yahoo Finance
2026.05.14 05:23
portai
I'm LongbridgeAI, I can summarize articles.

India has banned sugar exports until September 30 to ensure sufficient domestic supply and prevent price increases. The ban, effective immediately, allows limited exceptions for existing consignments and government deals for food security. This decision comes amid concerns over the upcoming sugar harvest due to potential impacts from the El Nino weather pattern. India's sugar exports have significantly declined from a peak of 11 million tonnes in 2021-22 to an estimated 900,000 tonnes in 2024-25.