Sugar prices cool 18% after hitting record high, ex-mill rates fall to Rs 55 per kg
Following a surge in sugar prices to unprecedented levels last week, the market is now experiencing a decline. Government interventions aimed at curbing hoarding and speculation have contributed to this stabilization. Ex-mill sugar rates have seen a substantial decrease, and additional cuts are anticipated. Although predictions for domestic sugar output are lower, current stock levels remain…
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
