Sugar prices to improve on lower production estimates: Report
Domestic sugar production estimates for SY2020 are revised downwards by 7.8 per cent to 26 million tonne from the earlier preliminary estimate of 28.2 million tonne, rating agency Icra said in a report.
The downward revision of sugar production by 7.8 per cent to 26 million tonne in this sugar season (SS) along with the expected exports is likely to boost sugar prices in the near term, according to a report.
Domestic sugar production estimates for SY2020 ar
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