Sugaronline India report – Indian government to rein in sugar rally By Prerna Sharma
5th October 2016
Economist Ritesh Kumar Singh’s exclusive report looks at the latest activity in the Indian sugar & ethanol industries.
<p> </p><p>Lower output estimates, depleting stocks, government’s support to push sugar exports and diversion of sugar towards production of ethanol have caused India’s sugar prices to surge, further supported by a global supply shortage that have strengthened bullish sentiments.</p><p>NCDEX’s October sugar futures contract peaked at INR3889 a quintal on July 25 however it closed lower at
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