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1/17/22, 7:05 PM India Sugar Export: Sugar exports jump nearly 4-fold to 17 lakh tons in Oct-Dec 21; production

21; production up 6 pc till Jan 15: ISMA - The…

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Business News › News › Economy › Foreign Trade › Sugar exports jump nearly 4-fold to 17 lakh tons in Oct-Dec 21; production up 6 pc till Jan 15: ISMA

Sugar exports jump nearly 4-fold to 17 lakh tons in


Oct-Dec 21; production up 6 pc till Jan 15: ISMA

Synopsis
Sugar marketing year runs from October to September. "As per market reports and port
information, about 17 lakh tonnes of sugar have been physically exported during the
period October to December' 2021," ISMA said in a statement.

India's sugar exports during October-


December period jumped nearly four-
fold to 17 lakh tonnes on higher
demand from overseas, according to
industry body ISMA. So far, 38-40 lakh
tonnes have been contracted by mills
for exports. Mills are now waiting for
Most Popular Stories
global prices to improve for further
contracts. 1. After meteoric 2,50,00,000%
rise, Shiba Inu is buzzing

again; can it rally more?

Sugar marketing year runs from October to September.


2. US Embassy in India closes in-person


"As per market reports and port information, about 17 lakh tonnes of sugar appointments

have been physically exported during the period October to December' 2021,"
ISMA said in a statement.

3. Vedanta puts $12 billion price


tag on Bharat Petroleum

US discourages India from


acquiring Russian S-400
4.
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1/17/22, 7:05 PM India Sugar Export: Sugar exports jump nearly 4-fold to 17 lakh tons in Oct-Dec 21; production up 6 pc till Jan 15: ISMA - The…

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During the same period in the previous year, about 4.5 lakh tonnes of sugar
were exported.
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$256 billion overseas debt
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Further, ISMA said it is reported that about 7 lakh tonnes of sugar is in 3. India's economy recovery on
'solid path' amid rapid
vaccination progress,
pipeline for export this month.
forecast to grow 6.5 per cent

in FY 2022: UN

"Amid news of expectedly better upcoming season 2022-23 (April - March) in


CS Brazil, the global price of raw sugar has fallen further and is currently 4. Work returns home for many
as companies battle the
reeling at an over 5-month low at around 18 cents/pound," ISMA said. surge

According to the association, Indian mills are waiting for the opportune time
5. Tax sops likely for InvITs to
woo FII and retail investors
and are in no hurry to enter into further export contracts, beyond 38-40 lakh
tonnes already been signed so far.

The Indian Sugar Mills Association (ISMA) said that the country has produced
151.41 lakh tonnes of sweetener between October 1, 2021 and January 15, 2022
period of the ongoing 2021-22 marketing year, as against 142.78 lakh tonnes in
the corresponding period of the previous marketing year.

In Maharashtra, sugar mills have produced 58.84 lakh tonnes till January 15,
2022, as against 51.55 lakh tonnes in the same period of the previous
marketing year, ISMA said in a statement.
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Sugar production in Uttar Pradesh fell to 40.17 lakh tonnes till January 15,
from 42.99 lakh tonnes in the year-ago period. Most Popular Opinion

1. Does a majority shareholder really
BACK own
TO a
TOP
company? Think again
In Karnataka, production has increased to 33.20 lakh tonnes of sugar as on
By Saubhik Chakrabarti

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1/17/22, 7:05 PM India Sugar Export: Sugar exports jump nearly 4-fold to 17 lakh tons in Oct-Dec 21; production up 6 pc till Jan 15: ISMA - The…

January 15, 2022, as compared to 29.80 lakh tonnes in the corresponding


2. Friendly settlement is a better solution
period of the previous marketing year. where powerful countries are concerned
By Ashok V Desai

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India Sugar Export Isma Sugar Sugar Exports Sugar Prices Exports
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single-day rise in cases
on underbelly of the high- competing with Air India: MF. Can Prashant Khemka
stakes game of IPO Vinod Kannan build a powerhouse?
financing 3. Why Indian cricket’s most powerful man
stepped down
12 mins read 18 mins read 14 mins read

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India's apple exports up 82% since 2014:


Commerce ministry data
PTI Last Updated: Jan 17, 2022, 05:04 PM IST
SHARE FONT SIZE SAVE PRINT COMMENT

Synopsis
In value terms, exports rose to USD 14.45 million in 2020-21 from USD 8.6 million in 2014-
15, the data showed.

India's apple exports have jumped 82


Agencies

per cent since 2014, while fruit imports


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commerce ministry data. Increase in


exports is helping the growers in
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Kashmir and Himachal Pradesh to
further push the outbound shipments Most Popular Stories
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1/17/22, 7:05 PM India Sugar Export: Sugar exports jump nearly 4-fold to 17 lakh tons in Oct-Dec 21; production up 6 pc till Jan 15: ISMA - The…
Small suppliers of apples to India include Iran
(7.73 per cent), the UAE (3.29 per cent) and in different parts of the world. 1. After meteoric 2,50,00,000%
rise, Shiba Inu is buzzing
Afghanistan (0.43 per cent) during April-
November 2021-22.
again; can it rally more?
In value terms, exports rose to USD
14.45 million in 2020-21 from USD 8.6 million in 2014-15, the data showed.

2. US Embassy in India closes
in-person appointments
Apple exports during April-November this fiscal stood at USD 12.25 million,
indicating healthy growth over the years.
3. Vedanta puts $12 billion price
tag on Bharat Petroleum

On the other hand, imports have increased 3.8 per cent to USD 240 million in
2020-21 from USD 230.8 million in 2014-15.

4. US discourages India from
acquiring Russian S-400
About 82 per cent of apples imported into India are from Chile, New Zealand, missile defence systems: Prez
Biden's nominee
Turkey, Italy, Brazil and the US.

Chile accounted for a quarter of India's imports. It was followed by New


Zealand (16.45 per cent), Turkey (12.43 per cent), and Italy (10.8 per cent).

Small suppliers of apples to India include Iran (7.73 per cent), the UAE (3.29 per
cent) and Afghanistan (0.43 per cent) during April-November 2021-22.

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1. India's forex reserves to face


$256 billion overseas debt
challenge in next 12 months

2. Mumbai's drop in cases may


be due to reporting
UNDER THE LENS AVIATION MARKETS
anomalies, wait for a week,
Ashneer Grover-Kotak Vistara is operating as an White Oak Capital makes a say experts
group spat puts spotlight independent entity, still transition from PMS to
on underbelly of the high- competing with Air India: MF. Can Prashant Khemka
stakes game of IPO Vinod Kannan build a powerhouse? 3. India's economy recovery on
'solid path' amid rapid
financing
vaccination progress,
12 mins read 18 mins read 14 mins read forecast to grow 6.5 per cent
in FY 2022: UN

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5. Tax sops likely for InvITs to


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1/17/22, 7:05 PM India Sugar Export: Sugar exports jump nearly 4-fold to 17 lakh tons in Oct-Dec 21; production up 6 pc till Jan 15: ISMA - The…

Most Popular Opinion

1. Does a majority shareholder really own a


company? Think again
By Saubhik Chakrabarti

2. Friendly settlement is a better solution


where powerful countries are concerned
By Ashok V Desai

3. Something Special For MSMEs

Top Category Deals


UPTO 50% OFF UPTO 70% OFF

₹40000* off 450+ Deals

Laptops Kitchen & Winter


Appliances
Explore 20+ Categories

Latest News

1. 2 Indians among 3 killed in ‘drone attacks’ in


Abu Dhabi

2. Covid live: At 22k, Kerala sees over 26%


single-day rise in cases

3. Why Indian cricket’s most powerful man


stepped down

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