Surplus to check India sugar prices even if some mills stop crushing
date:Aug 18, 2014
India will have enough sugar to last roughly four months when the new season starts in October, the chief of a leading industry body said, keeping a lid on local prices even if some money-losing mills stick to their decision of not crushing cane. Mills in the biggest cane producing state of Uttar Pradesh, which accounts for a third of India's total sugar output, will not begin operations in the 2014/15 season citing their inability to pay state-set cane prices.

But 7.5 million tonnes of stocks
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