India to let mills export 1 mln metric tons of sugar permitted for this year, sources say

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India will allow the export of 1 million metric tons of sugar for the current season, despite reduced output forecasts. The government has determined that domestic supply and stocks are sufficient to meet consumption and ethanol needs. Mills are expected to have ample carryover stocks for the next season, ensuring no scarcity concerns.

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India to let mills export 1 mln metric tons of sugar permitted for this year, sources say

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