Sugar Export
Will India Need to Start Importing Sugar?India is likely to become a net importer of sugar in 2016/17 as back-to-back drought years dry irrigation channels and ravage cane fields.
- Sugar Prices Hit Three-Year Low Amid India's Export Move: Report
According to a Reuters report on Sunday, the Indian government aims to support struggling sugar mills and stabilize domestic sugar prices, which have been under pressure in recent months.
- Government Working on Plan to Boost Sugar Exports
A drought this year could, however, trim yields of recently sown sugar cane, affecting sugar output to some extent in the season after next.
