date:Apr 07, 2013
on of the world's biggest sugar market is likely to end a boom-and-bust cycle in plantings, although in the long term farmers may seek to increase revenue by increasing output, analysts said.
You might see lower volatility (in Indian production cycles) if the Indian sugar industry is tied more to international prices, said Keith Flury, a senior soft commodities analyst with Rabobank in London.
In New York, prices are languishing near three-year lows below 18 cents per lb, close to break-even f