Indian sugar futures rose nearly 2 percent after the government raised import duty on sugar, and also provided additional sops for exporters. The climb in import duty will make overseas purchases nearly unviable for refiners in the world's biggest consumer of sugar, hitting shipments from suppliers such as Brazil, Thailand and Pakistan.
Sugarcane| Indian sugar futures rose nearly 2 percent after the government.
June 25, 2014 9:36 AM | Skymet Weather Team