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India, the world’s largest sugar producer, has prolonged restrictions for sugar export by one yr by October 2023, the federal government mentioned in a notification late on Friday.
In Could, the south Asian nation restricted exports by the tip of this month to include an increase in home costs following data exports.
India is anticipated to supply file sugar crop this yr, which may permit New Delhi to permit exports of as much as 8 million tonnes, the federal government and business official mentioned this month.
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