Sugaronline India Report: Mills on edge as financing dries up ahead of crush By Prerna Sharma Singh
8th August 2018
Economist Ritesh Kumar Singh’s exclusive report looks at the latest activity in the Indian sugar & ethanol industries.
Squeezed between the high cane prices raised arbitrarily by government and depressed sugar prices amid a global supply glut, India’s troubled sugar mills have now been put on the “caution list” of the banks a couple of weeks before the next crushing season starts. As a result, the mills will be facing difficulties in meeting
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