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India’s sugar stockpile set to shrink as output estimate falls: Govt
India's sugar production estimate has fallen significantly, impacting opening stocks for the new season. This lower output is expected to meet domestic demand until fresh supplies arrive. Retail sugar prices have risen sharply due to several contributing factors. The government has allowed duty-free imports of raw sugar to address availability concerns. Diversion of sugar for ethanol production has also seen a recent decline.
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thehindubusinessline.com
India cuts sugar stock limit to 15 days as prices hit record high
India has cut sugar stockholding limits to 15 days from September 1 as prices hit record highs amid tighter supplies and rising festival-season demand.
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economictimes.indiatimes.com
India tightens sugar stock limits to tame record prices
India has ordered dealers to hold sugar inventories for only fifteen days. This new rule takes effect from September first until November thirtieth. The government aims to bolster…
