India scraps stock limit on sugar for traders

20.12.2017

India has scrapped limits on the quantity of sugar that traders can keep, a government statement said on Tuesday, indicating higher output in the year that began in October.

It is reported by Reuters.

India, the world's top sugar consumer, had imposed inventory limits on traders in the 2016/17 season to keep prices under control as production fell after dry weather conditions cut cane output.


ukrsugar

Readers choice: TOP-5 articles of the month by UkrAgroConsult