date:Jan 18, 2013
iggest refiner, is importing raw sugar for domestic sales by paying the import duty as well as duty free for re-export, Managing Director Narendra Murkumbi said last month. Its refineries near Kandla and Haldia ports can process 1.7 million tons annually.
India may have stockpiles of 7 million tons to 8 million tons at the end of the crop season on Sept. 30, compared with 6 million tons at the start of the season as demand may total 22.5 million tons, he said.
Production will decrease to a thr