EID Sugar Business

India Sugar Balance (Million Metric Tons) Sugar Year 2018-19 2019-20E Opening stock 10.4 14.3 Production 33.7 26.0 Consumption Domestic 26.0 26.0 Exports 3.8 6.0 Closing stock (including 14.3 8.3 Huge stock levels - 4 months sales - cap the buffer stock) domestic sugar prices PARRYS murugappa

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