Sugaronline India Report – Populism continues to guide India’s cane pricing policy
16th August 2022
The new, even higher FRP is likely to drive even more cane production despite record tonnage and exports in the current season.
Ending speculation, the Modi government has finally raised the fair and remunerative price (FRP) of cane to INR305 a quintal for a sugar recovery rate of 10.25%. Cane growers will get a premium of INR3.05 a quintal for each 0.1% increase in recovery rate above 10.25%. The Committee of Agricultural Cost and Pricing (CACP) has
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