Reuters - Indian mills are aggressively selling old season sugar to Iran after New Delhi announced a subsidy to help cash-strapped mills export a surplus, five traders said, as Tehran strives to secure food supplies under U.S. sanctions.
Exports from the worlds biggest sugar producer could put pressure on global prices but will help India reduce ...
LONDON/MUMBAI, Dec 5 (Reuters) - A pickup in Indian sugar exports will weigh on global prices after a standoff was resolved between mills and farmers over the cane price, and sales toIranlook increasingly likely.
Analysts expect India to be a net exporter of sugar in 2013/14, selling at least 1.5 million tonnes and possibly more than 2.0 million depending ...