Sugar millers wait for price to firm up before fulfilling export quota | Economic Times - Jobs World

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Tuesday, December 13, 2022

Sugar millers wait for price to firm up before fulfilling export quota | Economic Times

Sugar millers wait for price to firm up before fulfilling export quota https://ift.tt/7ZqclKU prices have come down by about 3-4% from their peak, after India allowed shipments starting November 5 following a fall in global sugar futures prices. Although the current export prices are still higher than the domestic market prices by 12-13%, millers are in a wait-and-watch mode as there are still five and a half months left to export the allocated quota.

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