Sugarcane| Sustained surpluses of production over domestic

Sustained surpluses of production over domestic consumption in the last five years has led to subdued sugar prices in India. The sugarcane price arrears for 2014-15 sugar season in India has come down from Rs. 27,000 cr to about Rs 2,100 cr as on 12 January 2016, this is  even below the arrears in the corresponding period in last years sugar season.