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HomeNewsOpinionSugar mills in quandary after 2023-24 output decline forecast

Sugar mills in quandary after 2023-24 output decline forecast

Ravi Ananthanarayanan   •

India’s sugar output is expected to fall by 3.3 percent YoY in 2023-24, the second successive year of decline. It raises difficult questions for the industry and also the government 

Global sugar prices have already risen due to a shortfall in producing countries with India being one of them, but India's export restrictions led to prices rising further

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