India intends to keep its current one-million-ton sugar export quota for the ongoing season, ensuring there are no supply constraints that could drive up global prices. The decision is based on projections that the country, being the world's second-largest sugar producer, will have sufficient stockpiles by the season's end on September 30, despite a decrease in production. Reports suggesting potential export restrictions due to lower production had initially caused price hikes. Domestic consumption in India is anticipated to be lower this year than during the previous season, which saw increased demand during national elections. Planting for the 2025-26 crop in Maharashtra and Karnataka is progressing well. In January, India had allowed mills to export up to one million tons this season after more than a year of restricted shipments. However, there has been no response from India's food and commerce ministries regarding this matter. The price of sugar at factory gates in major growing regions like Uttar Pradesh and Maharashtra has been declining since March, indicating that domestic supplies are adequate to meet demand.
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