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News


Poorest Monsoon in Five Years Clouds India Sugar Export Prospect
Date: 30 Sep 2023
Source: Bloomberg
Reporter:
News ID: 57014
Pdf:
Nlink: https://www.bloomberg.com/news/articles/2023-09-30/poorest-monsoon-in-five-years-may-dim-india-sugar-export-outlook?utm_source=google&utm_medium=bd&cmpId=google&leadSource=uverify%20wall

              India recorded the weakest monsoon rains in five years, increasing the risk to crops in the fields and raising the probability of longer curbs on exports of farm commodities such as sugar, rice and wheat.

 
The Asian nation, which relies on rains to irrigate about half of its farmland, received 820 millimeters (32.3 inches) of rainfall during the June-September monsoon season, 6% less than the long-term average, according to the India Meteorological Department.
 
 
  

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