Indian mills usually pay farmers a large chunk of the cane price immediately after harvest. As demand is weak, some mills are making distress sale in the market to make cane payments.India appears set to increase sugar exports to Asia and the Middle East, if the government extends production incentives to cash-strapped mills.
Sugarcane| Indian mills usually pay farmers a large chunk of the cane price immediately after harvest.
January 15, 2014 9:20 AM | Skymet Weather Team