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Indonesia may emerge as the biggest importer of Indian sugar.
Jan 13, 2021

Indonesia could emerge as the largest importer of raw sugar from India and may make up for any drop in exports to Iran, where shippers are facing payment problems.
 
'The roles of Indonesia and Iran with regard to India’s sugar exports are set to change with Jakarta likely to import over 10 lakh tonnes against three lakh tonnes last season (October 2019-September 2020),' said MEIR Commodities India Managing Director Rahil Shaikh.
 
'Personally, I see Indonesia importing 20 lakh tonnes of sugar from India, which is more than Iran’s 14 lakh tonnes purchase last season,' said Indian Sugar Mills Association (ISMA) Director-General Abinash Varma.
    

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