Sugaronline India Report – Demonetization shock to sugar By Prerna Sharma

<p>&nbsp;</p><p>In an effort to target hoarders of black money and bring more people into the tax net, government announced on November 8 that INR500 and INR1000 currency notes were no longer legal tender. Since then, sugar prices have fallen by INR10 to INR30 per quintal on reduced demand from FMCG companies and household consumers.</p><p><a style="color: