Saraogi said he sees sugar exports happening and no surplus will be left this season.
Vivek Saraogi, managing director of Balrampur Chini told CNBC-TV18 he is optimistic about global sugar prices. Saraogi said he sees a smooth ride for sugar exports and expects no surplus this season.
Saraogi added the current ex-factory price for Uttar Pradesh millers is currently at Rs 33/kg. Balrampur Chini's ethanol business is "looking a lot better," Saraogi said.