Exports to offset the decline in domestic demand for sugar: Crisil
A more than 30% increase in sugar exports will help India more than offset the roughly 8-9% drop in domestic sugar consumption in the 2019-2020 sugar season, the rating agency said. Crisil in a research report.
Sugar withdrawals during the current sugar season (October 2019-September 2020) are expected to remain more or less at last season’s levels despite the Covid-19 pandemic, as the strength…
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