date:Sep 20, 2018
inventory of over 10 million tonnes and could produce another 35 million tonnes in the season, the Indian Sugar Mills Association (ISMA) estimates.
Exports is the only way to ensure farmers get the promised price for cane, said B. B. Thombare, managing director of Natural Sugar Allied Industries, a sugar mill based in western Indian state of Maharashtra.
The south Asian country is also likely to raise the minimum selling price on Wednesday for sugar to 32,000 rupees per tonne for 2018/19 seas