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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.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
For the fifth consecutive year, flooding is occurring in Pakistan as crops are ready for harvest.
Pakistan’s 2014/15 cotton production is forecast 500,000 480 lb bales higher at 10.0 million bales.