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Indian sugar mills reduce exports amid falling prices, strengthening rupee: Report

Indian sugar mills reduce exports amid falling prices, strengthening rupee: Report

Jan 14, 2022, at 03:47 am

Mumbai/IBNS: The mill owners in India are deferring the signing of new sugar export contracts due to big differences between local and global rates triggered by decline in global prices and appreciation in the value of the rupee, Reuters reported.