India's sugar output set to drop 7%
India's sugar output is likely to fall 7% this year as erratic weather conditions have cut cane yields, which could dampen exports from the world's biggest producer of the sweetener, farmers, millers and traders said.
It is reported by Reuters.
Lower sugar exports from India, also the world's second biggest exporter, could lift global prices , and allow rivals Brazil and Thailand to increase their shipments....