scorecardresearchSugar stocks witness panic selling on export ban; what to expect going ahead

Sugar stocks witness panic selling on export ban; what to expect going ahead

Updated: 26 May 2022, 01:15 PM IST
TL;DR.
The government has capped sugar exports at 10 million tonnes, with no exports between June 1-October 31, 2022 (except under restrictive conditions). This has turned the market sentiment towards sugar firms and the industry outlook negative.
The government has capped sugar exports at 10 million tonnes, with no exports between June 1-October 31, 2022 (except under restrictive conditions). This has turned the market sentiment towards sugar firms and the industry outlook negative.

The government has capped sugar exports at 10 million tonnes, with no exports between June 1-October 31, 2022 (except under restrictive conditions). This has turned the market sentiment towards sugar firms and the industry outlook negative.