Sugarcane| Indian Sugar futures were trading lower on profit-taking driven by correction in overseas market, though robust demand in local spot markets limited the downside.

April 12, 2014 10:50 AM | Skymet Weather Team

Indian Sugar futures were trading lower on profit-taking driven by correction in overseas market, though robust demand in local spot markets limited the downside. Sugar futures are likely to edge higher on a drop in the production. Indian sugar mills produced 21.5 million tonnes of the sugar in the first half of the ongoing season 2013-2014.

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