COMMODITY UPDATES - INDIAN SUGAR OUTPUT TO BE 21.3M TONS, DOWN BY 9PC.
Byline: S. KAMAL HAYDER KAZMI
Indian Sugar Mills Association (ISMA) has lowered its sugar production estimate for 2016-17 by about 9 percent.
The private industry body now expects the country to produce 21.3 million tons of sugar as compared to its estimate of 23.37 lakh tons, projected in September 2016.
The central government in its meeting held last Tuesday, this week, had retained its sugar production estimate at 22.5 million tons.
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|Publication:||Pakistan & Gulf Economist|
|Date:||Feb 5, 2017|
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