19.01.2009 - India’s sugar output may miss forecast, hit global market more
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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