In this post, read about an interesting situation with the Sugar sector, where we seem to have a play because of adverse weather in the rest of the world, and surplus stocks in India.
You can also read the Part 2 of Indian Sugar Industry production, imports, exports and problems.
Indian Sugar Markets – An Overview:
The Indian Sugar market continues to experience upward movement in the prices of sugar. The Spot prices have peaked to a 52-week high. The higher prices are reflections of the 2009 -2010 trend. Though low sugar prices due to 4-year sugar surplus have recovered, the prices have not reached the peaks of 2010.