17.03.2009 - India, largest sugar consumer, becomes net importer
From Guardian.co.uk: The deteriorating outlook for economic growth and demand means the overall mood in commodity markets is sombre but sugar is an exception because supply is a problem, a fund manager told Reuters on Monday. Adam Taylor, an analyst at Liongate Capital Management, said sugar stands out because there has been upward pressure on prices as India and the European Union are becoming net importers from net exporters..... Full Article: Source