date:Dec 27, 2013
st exports. Only exports can trim inventory and harden local prices, said a sugar miller based in Kolhapur, Maharashtra.
* At 0932 GMT, the key January contract was up 0.50 percent at 2,808 rupees ($45.35) per 100 kg on the National Commodity and Derivatives Exchange. It hit a high of 2,825 rupees earlier in the day, the highest level since Dec. 17.
* Spot sugar rose 2 rupees to 2,870 rupees per 100 kg at the Kolhapur market in Maharashtra.
* Demand for sugar from bulk consumers like ice-crea