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SUGAR REPORTER INDIA

End of the Golden run for April Sugar in India?

11th April, 2023.


With the GoI just announcing the additional 2LMT of Sugar quota, all time high sugar prices are set to alter after a rally from 1st of April 2023.


The news caused panic amongst many traders who had booked multiple lots with Sugar mills at a very high price and find them in additional pressure of liquidating before the additional quota comes into picture.


It will be a wait and watch policy for Sugar in India.

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