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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