date:Jun 03, 2014
r, dragged lower by an estimated 4.4-million-tonne overhang in 2013/14, according to the International Sugar Organisation. Next year India can export more than 2 million tonnes mostly raw sugar, said Rahil Shaikh, managing director of commodities trader EDF Man Commodities India, in an interview.
India can export even more if prices rise in the world market and the government continues the current subsidy policy. The exports would be about the same as the 2.2 million tonnes of sugar India has