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Sugar for your cup of chai may cost 10% more by mid-April

Narendra Murkumbi, MD, Shree Renuka Sugars told CNBC-TV18 that global sugar prices will be in the range of 22 and 30 cents for the next three-six months. “We are right now almost in the middle of that range at around 27 cents.”

March 18, 2011 / 22:58 IST
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Commodity prices across the globe have been facing a backlash due to the Japanese disasters and the chaotic situation arising in the Middle East North Africa (MENA) region. Narendra Murkumbi, MD, Shree Renuka Sugars told CNBC-TV18 that global sugar prices will be in the range of 22 and 30 cents for the next three-six months.

TAGS: #agricultural commodities #Brazilian harvest #Business #commodity prices #domestic sugar prices #global sugar prices #Group of Ministers on Food Securities #Gur #Indian Sugar Mills Association #Japanese disasters #Khansari #MENA #Middle East North Africa #Mitali Mukherjee #Narendra Murkumbi #Shree Renuka Sugars #sugar market #Udayan Mukherjee
first published: Mar 18, 2011 11:28 am

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