Indian sugar hits 2-yr low on supply surplus; soybeans rise
date:Dec 03, 2013
Indian sugar futures fell on Monday to their lowest level in more than two years as most factories started the new crushing season with ample carry-forward stocks amid sluggish demand from bulk consumers.

* India started the new sugar marketing year with carry-forward stocks of 8.8 million tonnes. It is expected to produce 25 million tonnes this year against a demand of 23 million tonnes.

* The key January contract finished down 0.74 percent at 2,808 rupees ($45)per 100 kg on the National Comm
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