Sugarcane| Indian Sugar futures were treading water as losses in overseas prices and a strong rupee.

May 19, 2014 9:21 AM | Skymet Weather Team

Indian Sugar futures were treading water as losses in overseas prices and a strong rupee offset summer-season demand. Sugar futures are likely to extend losses again in coming days, according to the traders. Meanwhile, the federal government reduced the export subsidy by Rs 1056 per tonne for April and May to Rs 2277.

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