Import window for duty-free raw sugar extended till Dec 31
The government has extended the deadline for duty-free imports of 10 lakh tonnes of raw sugar to December 31, as domestic imports have lagged at just 3 lakh tonnes due to price control measures. This decision aims to mitigate supply constraints following record high sugar prices linked to reduced domestic production and exports.
The government has extended the deadline for duty-free imports of raw sugar by two months, until December 31, according to a notification from the Directorate General of Foreign Trade (DGFT) on Wednesday. The previous deadline was October 31. Industry estimates suggest that only about 3 lakh tonnes of the allowed 10 lakh tonnes have been imported so far, mainly due to government measures to curb domestic prices reducing the incentive for imports.
The industry expects sugar production in the 2026-27 season to be lower than last year, attributed to El Nino-induced drought.
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