date:Jun 03, 2014
returns than other crops, Rahil said, who has been trading Indian sugar for nearly two decades. Farmers are very much interested in cane due to higher prices, he said.
The South Asian nation for the first time in at least two decades is likely to produce surplus sugar for the fifth straight year in 2014/15, Rahil said, forecasting production of 23.7 million to 24.5 million tonnes, compared to 24.1 million tonnes estimated for the current year. India's annual consumption is pegged at 23.5 mill