Sugaronline India Report – Demonetization shock to sugar By Prerna Sharma
7th December 2016
Economist Ritesh Kumar Singh’s exclusive report looks at the latest activity in the Indian and South Asian sugar & ethanol industries.
<p> </p><p>In an effort to target hoarders of black money and bring more people into the tax net, government announced on November 8 that INR500 and INR1000 currency notes were no longer legal tender. Since then, sugar prices have fallen by INR10 to INR30 per quintal on reduced demand from FMCG companies and household consumers.</p><p><a style="color:
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