date:Apr 01, 2012
lers are seeking for another 10 lakh tonnes before the Brazilian sugar enters the market towards April end. Once the Brazilian sugar enters the market the prices would cut down drastically.
The industry has been asking for removal of the cap ceiling on exports. There should be no cap on quantity. The government should make an estimate of the surplus in the beginning of the season and accordingly permit export. With the on and off delay in decision-making the industry misses on an opportunity in