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Sugaronline India Report

Sugaronline India Report: Mills on edge as financing dries up ahead of crush By Prerna Sharma Singh

8th August 2018

Award-winning analyst Prerna Sharma’s bi-weekly report looks at the latest activity in the Indian sugar & ethanol industries

Squeezed between the high cane prices raised arbitrarily by government and depressed sugar prices amid a global supply glut, India’s troubled sugar mills have now been put on the “caution list” of the banks a couple of weeks before the next crushing season starts. As a result, the mills will be facing difficulties in meeting

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