Reuters reveals India to restrict sugar exports, cap of 8 million tonnes one option - Reuters News Agency
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Reuters reveals India to restrict sugar exports, cap of 8 million tonnes one option

Reuters revealed India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices and could cap this season’s exports at 8 million tonnes. Shares of more than two dozen listed Indian sugar producers fell as much as 7% reacting to the story, while London white sugar futures jumped to a 5-year high. 

Article Tags
Topics of Interest: Business & FinanceDealsEconomy
Type: Reuters Best
Sectors: Business & FinanceFood & BeverageRedistributor & PartnersRetail & Consumer Goods
Regions: Asia
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: A labourer carries a sack filled with sugar to load it onto a supply truck at a wholesale market in Kolkata, India, November 14, 2018. REUTERS/Rupak De Chowdhuri/File Photo/File Photo
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