India to allow 1.2 million tonnes of additional sugar exports this season

The Centre is likely to allow an additional 1.2 million tonnes (MT) of sugar exports in the current season ending September 2022 taking into account higher-than-anticipated domestic production, according to government sources. This additional quota would be over and above 10 MT of sugar exports allowed for the current 2021-22 season. A group of ministers […]

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Sugar production in India reaches 21 lakh tonness in November till now: ISMA

Sugar production in the country between October 1 and November 15 for the current sugar season has touched 20.90 lakh tonnes, as many sugar mills began crushing operations early. Last year, sugar mills had produced 16.82 lakh tonnes in the same period. Compared to 289 sugar factories, which were crushing sugarcane till November 15, 308 […]

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Surge in China’s stainless steel output revives nickel market, but surplus a cause for worry

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Rapidly rising stainless steel production in top consumer China has helped to preserve demand and prices of key ingredient nickel, but analysts still expect a supply overhang of the metal valued for its anti-corrosive properties. Benchmark nickel prices on the London Metal Exchange (LME) are near their highest in more than seven months at around […]

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United States remains India’s top trading partner in 2019-20

The United States remained India’s top trading partner for the second consecutive fiscal in 2019-20, which shows increasing economic ties between the two countries. According to the data released by the commerce ministry, in 2019-20, the bilateral trade between the US and India stood at USD 88.75 billion as against USD 87.96 billion in 2018-19. […]

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