Adverse weather hits Indian sugar output
India is likely to produce 34.3 million tonnes of sugar in 2022/23, down 4% from the previous forecast, after sugar cane yields in key producing states were hit by adverse weather, a senior industry official told on Tuesday.
It is reported by Reuters.
Lower sugar output could limit exports from the world's second-biggest exporter, lifting global prices , and allowing rivals Brazil and Thailand to increase their shi...