Net sugar output for the 2023–24 marketing year has decreased somewhat, to 280.79 lakh tonnes thus far

According to trade data issued on Monday, India’s net sugar production decreased slightly to 280.79 lakh tons as of March 15 of the current marketing year, which began in October 2023. The Indian Sugar Mills Association (ISMA) released a statement saying, “Sugar production till 15th March 2024 in the current 2023-24 season reached 280.79 lakh…

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Extension of limitations on sugar exports

According to a notification released by the directorate general of foreign trade (DGFT), the government on Wednesday extended the ban on sugar exports past October 31.As to the notification, “Export restrictions on sugar, including raw, white, refined, and organic sugar, are extended beyond October 31, 2023, until further order.” The government said last year that…

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Prices for turmeric increased as consumer activity increased

Turmeric prices saw a small gain of 0.21%, closing at 15,622, spurred by increased purchasing activity associated with holiday demand. The shortage of turmeric on the market is made worse by Maharashtra’s declining turmeric production. Though supplies of turmeric are still scarce, upcoming beneficial rainfall in Maharashtra and Telangana is anticipated to boost crop growth….

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