India Bans Sugar Exports Till September: What It Means for Prices, FMCG and Consumers

The government has banned sugar exports till September 30 to stabilise domestic prices, protect supply, and prevent input cost pressures for industries amid fragile production growth and ethanol diversion concerns

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India Bans Sugar Exports Till September: What It Means for Prices, FMCG and Consumers
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The Directorate General of Foreign Trade (DGFT) has amended the export policy and prohibited the export of raw, white, and refined sugar till September 30. The move is aimed at stabilising domestic prices and protecting domestic supply.

The agency, under the Ministry of Commerce and Industry, on Wednesday changed the export policy status from ‘restricted’ to ‘prohibited.’

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