date:May 25, 2016
million tons in 2009-10, Indian Sugar Mills Association data show. With domestic demand set to top 26 million tons, the inventory of about 7 million tons will be substantially depleted, opening the door for imports.
India should have enough stockpiles to meet the nations requirement for at least three months, said Kuvadia, whos been trading sugar for three decades. The government will consider lowering the import duty on sugar and ban exports if prices climbed further, Paswan said on Twitter on