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Sugar export expected to normalise in coming days: ISMA.
May 19, 2020

India’s sugar export is expected to normalise in the coming days amid relaxation in the COVID-19 lockdown rules, industry body ISMA said on Monday.
 
The government has allowed export of 6 million tonne of sugar under maximum admissible export quota (MAEQ) during the 2019-20 marketing year (October-September) to liquidate surplus sugar in the global markets.
 
India has so far signed orders for shipment of 4.2 million tonnes for the 2019-20 marketing year.
 
Quoting market sources, Indian Sugar Mills Association (ISMA) said that contracts for export of 4.2 million tonnes of sugar have been made till the beginning of May.
    

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