Government fixes 22.5 LMT monthly sugar quota for domestic sale in January 2025
The Food Ministry has allocated a monthly sugar quota of 22.5 lakh metric tonnes (LMT) for January 2025, slightly lower than the 23 LMT allocated in January 2024. For December 2024, the quota is set at 22 LMT. Market experts expect the domestic market to remain positive due to strong demand and limited oversupply as the season progresses.
In an announcement on December 26, the Food Ministry allocated a monthly sugar quota of 22.5 lakh metric tonnes (LMT) for January 2025, which is lower than the quantity allocated in January 2024.
In January 2024, the government had allocated a monthly sugar quota of 23 LMT for domestic sale.
For December 2024, the government allocated a sugar quota of 22 LMT.
According to market experts, due to good demand, the domestic market is likely to remain in a positive zone as the season progresses, with less oversupply.
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Source : Chinimandi