Sugar

EghtesadOnline: It is estimated that a total of 1.8 million tons of sugar will be produced in Iran in the current Iranian year (March 2021-22), which is sufficient to supply more than 70% of the domestic demand, according to the manager of the Agriculture Ministry’s so-called “Beetroot Project.”

EghtesadOnline: Sugar production is estimated to reach 1.1-1.2 million tons in the current Iranian year (ending March 19, 2020), according to the executive of the Agriculture Ministry's “ Sugar beet Project”.

EghtesadOnline: The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining and Trade.