IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Oct 2015 | Removal date: 08 Jun 2016
Still in force

Price stabilisation

On 18 September 2015, the Indian Department of Food and Public Distribution issued a Notification specifying a Minimum Indicative Export Quotas (MIEQ) for the sugar season 2015-16 starting 1 October 2015.

A total export quota of 4 million tons of all types of sugar (raw/plantation white/refined) has been notified and is divided among 570 sugar factories on the basis of their sugar production in the past 3 years. The quotas, however, are tradeable between the factories.

The motivation for this export requirement is an excess sugar supply in the domestic market. Through its action, the government seeks to stabilize Indian sugar prices and stabilize the income of sugar mills and farmers. This minimum export quota was withdrawn from 8 June 2016.

To the same end, the Indian government had provided a sugar export subsidy of INR 4000 (ca. USD 60) per metric ton. However, the subsidy lapsed on 31 September 2015 without extension (see related state act).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170114 Other cane sugar

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