Sugaronline India report – Indian government to rein in sugar rally By Prerna Sharma
5th October 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>Lower output estimates, depleting stocks, government’s support to push sugar exports and diversion of sugar towards production of ethanol have caused India’s sugar prices to surge, further supported by a global supply shortage that have strengthened bullish sentiments.</p><p>NCDEX’s October sugar futures contract peaked at INR3889 a quintal on July 25 however it closed lower at
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