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India’s sugar output may miss forecast, hit global market more

Posted on 19 January 2009

From Livemint.com: India, the world’s second biggest sugar maker, may produce 1.2 million tonnes (mt) less this year than forecast last month because of lower yields in Maharashtra, the main cane growing state. This is likely to tighten global supplies.

Production in the year ending 30 September may total 18mt, compared with 19.2mt forecast in December, S.L. Jain, director general of the Indian Sugar Mills Association, said in an interview on Friday….. Full Article: Source


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