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Post’s out-year production forecast for Indian centrifugal sugar in marketing year (MY) 2016/17 (Oct-Sept) is 25.5 million metric tons (MMT), a decline of 2.2 MMT from MY 2015/16.
Pakistan exported 275,000 metric tons of sugar during the first three months of 2016 with the help of an export subsidy of $124 per metric ton.