date:Aug 18, 2014
on October 1, 2014 will ensure that the world's biggest consumer of the sweetener does not have to face any major shortage, obviating any immediate import needs. If the mills reverse their decision and continue crushing, Indian sugar exports could even get a boost. Abinash Verma, director general of the Indian Sugar Mills Association said stocks ideally should not exceed two or two-and-a-half months of consumption at the start of the season.
Otherwise, extra stocks keep prices artificially lo