date:Aug 14, 2012
National Commodity Derivatives Exchange (NCDEX) is an online multi-commodity exchange offering contracts in 34 commodities, including sugar, which facilitates price discovery and price risk management. The recent increase in sugar prices is possibly on account of deficient monsoon leading to market's expectation of lower production in the ensuing 2012-13 sugar season and fluctuations in international sugar prices, etc.
It is the endeavour of the government to keep sugar prices stable through t