Sugar exports to depend on monsoon, cane sowing in 2024-25

India may consider allowing sugar exports for the 2024-25 season pending final assessment of sugarcane sowing and output. The country anticipates a lower sugar production of 30 million tonnes compared to 32.8 million tonnes last year. Mills in Tamil Nadu and Karnataka have come close to the end of crushing for the current season and expect to reach 31.8 million tonnes by September. The government is prioritizing stock availability for domestic consumption and ethanol production.
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