India Seeks Bids for Raw Sugar Quota
India has invited applications from sugar millers and refiners to allocate the remaining 202550 metric tons under a duty-free import quota. The government previously approved one million tons of imports to meet peak festival demand.
Insights:
India invited applications for 202,550 metric tons of raw sugar under a duty-free import quota ending October 31. The remaining allocation follows an earlier round that distributed 797,450 tons out of a total 1 million ton cap approved last month. The program aims to secure supply ahead of the festival season when domestic consumption peaks.
