India bars sugar exports until September

India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising. The government prohibited exports “with immediate effect”, according to an order issued late on Wednesday, other than limited exceptions, including consignments already in the pipeline. Exports under government deals for food security with other countries would also be allowed, the order said. The ban will stay in...