Mills Dumping Sugar as Output Surges
date:Mar 04, 2019
farmers.

However, arrears owed by sugar mills to farmers across the country has exceeded Rs 20,000 crore already, according to sources.

Meanwhile reports are coming in about sugar mills in Maharashtra secretly undercutting each other to dispose off their stocks in the market. Big retailers and confectionary manufacturers in the state have quietly got sugar mills to bear the cost of transporting the sweetener to their warehouses apart from longer credit period, according to analysts.

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