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India restricts sugar exports for the first time in 6 years

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© Reuters. FILEPHOTO: An Indian labourer loads a sugar sack onto a truck to transport it from a Kolkata wholesale market on November 14, 2018. REUTERS/Rupak De Chowdhuri

MUMBAI (Reuters – India has made sugar exports more restrictive than in the past six years. It asked that traders obtain permission to trade the sweetener abroad from the period of June 1 through October 31, according to a Tuesday notification.

India may restrict sugar exports according to trade and government officials, possibly limiting this season’s exports to 10 million tonnes.

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