With rumours in the market that the MSP could be raised even further, the potential for increased exports might be thrown out the window.
The Sugar Technologists Association of India, a body of professionals work-ing for sugar and allied industries, has suggested the government increase the minimum selling price (MSP) of sugar by more than 16% to INR3,600 a quintal from the current level of INR3,100 to help financially-stressed mills improve their cash flow. If market rumours are to be
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