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Speculation mounts over India’s need for sugar rush

Posted on 27 January 2009

From FT: Any day now the sugar market will receive the answer to an eagerly awaited piece of news: is India, the world’s largest consumer, going to have to tap the import market this year to compensate for a large drop in domestic production?

If New Delhi gives the green light to overseas purchases, prices are likely to rally, traders say….. Full Article: Source


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