BackIndia’s 1 Oct-15 Dec sugar output down 50% y-o-y
Mills have exported 227,000 tonnes of sugar since the current season began on 1 October
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New Delhi: Sugar production at Indian mills halved to 2.5 million tonnes between 1 October and 15 December from a year ago, a leading industry body said on Tuesday, hurt by a price row between millers and farmers.
Cane crushing in India, the world’s biggest consumer of the sweetener, was delayed by nearly a month due to the dispute.
Mills have exported 227,000 tonnes of sugar since the current season began on 1 October, the Indian Sugar Mills Association (ISMA), a producers’ body, said in a statement.
ISMA expects 2013/14 sugar output at 25 million tonnes compared with 25.1 million tonnes produced in the previous year. REUTERS
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