September 15, 2007

Sugar export...till date....

Sugar exports in the current marketing year that ends in September are estimated at 1.8-million tonnes, a government official said Friday. "Total shipments as of today are 1.65-million tonnes and likely to reach 1.8-million by end of the month," the official said. He said most exports have taken place since January when the government lifted a six-month-old ban on sugar exports. He said India will end the current sugar year on Sept. 30 with total stocks of 11-million tonnes. Sugar output in 2006-2007 is seen at 27.8-million tonnes compared with 19.3-million tonnes last year. The official said the government is yet to arrive at any projection for next year sugar output, but it is expected to be over 28-million tonnes.

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