The food ministry has approved an additional export quota of 87,587 tonnes of sugar for the 2025-26 marketing year (October-September), following requests from sugar mills, the ministry said in a circular on Monday.
The government had earlier permitted exports of 1.5 million tonnes for the season, and in February allocated an extra 500,000 tonnes to willing mills on a non-swappable basis.
Mills had until February to apply for portions of the additional quota. Of the 500,000 tonnes, only 87,587 tonnes were requested and approved, with the remainder lapsing, the ministry stated.
Mills must export the allocated sugar by June 30, 2026. Those exporting at least 70 per cent of their quota by that date will be allowed to ship the balance by September 30, 2026. Failure to meet the 70 per cent threshold will result in the unutilised quantity lapsing, with potential reallocation to higher-performing or willing mills.
No extensions will be granted except in force majeure cases. The quota cann​The food ministry has approved an additional export quota of 87,587 tonnes of sugar for the 2025-26 marketing year (October-September), following requests from sugar mills, the ministry said in a circular on Monday.
The government had earlier permitted exports of 1.5 million tonnes for the season, and in February allocated an extra 500,000 tonnes to willing mills on a non-swappable basis.
Mills had until February to apply for portions of the additional quota. Of the 500,000 tonnes, only 87,587 tonnes were requested and approved, with the remainder lapsing, the ministry stated.
Mills must export the allocated sugar by June 30, 2026. Those exporting at least 70 per cent of their quota by that date will be allowed to ship the balance by September 30, 2026. Failure to meet the 70 per cent threshold will result in the unutilised quantity lapsing, with potential reallocation to higher-performing or willing mills.
No extensions will be granted except in force majeure cases. The quota cann ​Latest News [ SOBAN NEWS: International and National ]
