Tag: sugar exports

The Indian Sugar Mill Association (ISMA) has refuted reports that the government is about to ban the export of sugar. ISMA called it premature assumptions.This comes after news agency Reuters reported, quoting unnamed government officials, that the export of the sweetener could be banned from October.India has been facing tremendous inflationary pressure, with the prices of food items including rice, tomatoes and onions rising in recent weeks. In July, India banned the export of non-basmati white rice, emphasising that it needed to prioritise domestic consumers.Last week, the government...