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India restricts sugar exports for the first time in 6 years -government order

MUMBAI, May 24 (Reuters) - Indian has restricted sugar exports for the first time in six years to prevent a surge in domestic prices and asked traders to secure permission for overseas sale of the sweetener from June 1 to Oct. 31, the government said in a notification on Tuesday. Trade and government officials earlier said India could restrict sugar exports, potentially capping this season's exports at 10 million tonnes. (Reporting by Rajendra Jadhav and Mayank Bhardwaj; Editing by Chris Reese) ((rajendra.jadhav@thomsonreuters.com; +91-22-68414378 ; Reuters Messaging: rajendra.jadhav.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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