date:Jan 03, 2014
arket, said a Mumbai-based dealer with an international brokerage.
Global raw sugar prices have fallen 10 percent in the past two months, while the Indian rupee has risen a tenth after hitting a record low in August.
And India could find a buyer in Indonesia, the world's top importer of raw sugar, which has just asked for 800,000 tonnes of raws for delivery up to February 2014.
Indian mills are eyeing Indonesian demand, but there are many suppliers like Thailand and Brazil. Competition is tou