India's sugar output rises 10%
Indian sugar mills have accelerated cane crushing and have produced 4,72 million tonnes of sugar, nearly 10% more than a year ago, in the first two months of 2021/22 marketing year, a trade body said on Thursday.
It is reported by Reuters.
India is the world's second-biggest sugar producer and the higher output could weigh on global prices.
Sugar mills have so far contracted to export 3.5 million ton...