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India to allow exports of 1.5 million metric ton sugar, sources says

  • India had allowed exports of 1 million tons in the previous season
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India plans to allow sugar exports of 1.5 million metric tons in the new season, as lower diversion of sugar for ethanol production is expected to leave a larger domestic surplus, government and trade sources told Reuters on Monday.

India had allowed exports of 1 million tons in the previous season.