ARTICLE 4 #IndiaSugar

India’s sugar market is witnessing a slump as stronger-than-expected sugar production pushes prices downward. According to industry reports, the country’s mills have ramped up production this season, resulting in a surplus supply in domestic markets.

The National Federation of Cooperative Sugar Factories (NFCSF) has reported that 325 sugar mills across India have commenced crushing operations for the ongoing sugar season.