India unlikely to export sugar in 2023/24 season: ED&F Man Commodities

India allowed mills to export only 6.1 million tonnes of sugar during the current season to Sept. 30, nearly half of the record 11.1 million tonnes sold last season. The country is likely to receive an average amount of rainfall in September, after the driest August in more than a century. Although September rains would help the sugarcane crop, yields would be lower due to lower rainfall in August.

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