Monsoon rain deficit is to lower India’s cane and sugar output, and in turn its exports in the upcoming sugar season.
The Indian sugar industry is facing multiple challenges. If rising raw material prices, export curbs and the government remaining noncommittal on raising the minimum selling price (MSP) of the sweetener were not enough, there is yet another downside risk arising out of unfavourable weather, which will adversely affect cane yield and in turn reduce the
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