[sharetrading] Sugar output

 

The government will ease stock holding limit for large sugar consumers from May 20 by allowing bulk users to stock the sweetener for 15 days of their consumption, government sources said on Tuesday.

Hit by falling supplies, the government in February had restricted large consumers from stocking sugar equivalent of more than 10 days of consumption.

Sugar output in India, the world's top consumer and the biggest producer behind Brazil, fell 44% to 14.7 million tonnes in the year to September 2009.

 

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