India Raises Minimum Sale Price of Sugar by 6.9 Percent
date:Feb 15, 2019
d 3-3.5 million tons in the year ending Sept. 30, he said.

The sugar association had asked the government to increase the minimum sale price to 35-36 rupees a kilogram. The current factory-gate prices are about 5-6 rupees per kilogram below the output costs, according to the millers group.

Indias sugar production is likely to drop to 30.7 million tons this year from an all-time high of about 32.5 million tons estimated for 2017-18, according to the sugar group. Sugar export contracts for this
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