India prohibits raw, white & refined sugar export till Sept 30

India has banned the export of raw, white, and refined sugar until September 30. This decision aims to control rising domestic prices and manage supply. The ban applies to most shipments, with exceptions for specific quotas and ongoing consignment...

Agencies
India has prohibited the export of raw, white and refined sugar till September 30, in a move to stabilise domestic prices amid tightening supply conditions.

Also Read | Rs 10 sugarcane FRP hike: Small raise, big questions for farmers and mills

The world’s second largest sugar producer amended the export policy of sugar to “prohibited” from “restricted” in a notification issued Wednesday.


“This prohibition is not applicable to Sugar being exported under: EU and USA under CXL (Codex Maximum Residue Limit) and TRQ (Tariff Rate Quota) quota, Advance Authorization Scheme, Government-to-Government exports, and consignments already in physical export pipeline,” the Directorate General of Foreign Trade (DGFT) said.

Also Read | India's sugar exports to be 7.5-8 lakh tonnes in 2025-26 season on weak global prices: Official

India had exported $1.9 billion of these varieties of sugar in FY25 with the top destinations being Sudan, Libya, Bangladesh and Sri Lanka.
ADVERTISEMENT

As per the notification, outbound shipments of the kitchen staple would be allowed where loading of sugar on the ship has commenced before the date of publication of this Notification in the Official Gazette, where the Shipping Bill has been filed and the vessel has berthed or arrived and anchored in an lndian port, with its rotation number allocated by the Port Authority, before the date of publication of this Notification in the Official Gazette.

Consignments handed over to customs or custodians before the notification will also be cleared.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Foreign Trade › India prohibits raw, white & refined sugar export till Sept 30
Text Size:AAA
Success
This article has been saved

*

+