Wednesday, October 13, 2010

Sugar in India !

Some facts about Sugar :
Sugar prices worldwide are quoting at their recent highs but here in India prices are much lower than import parity price. Brazilian crop is badly affected due to drought situations there. Surplus situation is some what is out of questions in near future coz Indian sugar crop is estimated to be lower by 10% this year.  In India , sugar is quoting much lower to recent years' highs due to Government policies. New crushing season and festive season is around the corner let's see what future holds.