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  • 4 hours ago
India has banned sugar exports for four months as the government seeks to protect local supplies.

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00:00India has banned sugar exports for four months as the government seeks to protect local supplies.
00:06It follows a cut in output estimates, with the country's gross sugar production
00:11forecast at 32 million tonnes in the season ending September 30.
00:17India is the world's second-largest sugar producer.
00:21It started limiting sugar exports following a poor crop in 2022 to 2023,
00:27issuing annual quotas for permitted sales.
00:30The country's next harvest, which starts around October,
00:33could also be affected by a lower-than-average monsoon.
00:36Annual rains starting in June are expected to be curbed by the upcoming El Nino weather pattern.
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