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Sugar exports from India seen doubling

Friday, June 26, 2015 - 05:50

Govt has pledged a subsidy of 4,000 rupees a tonne for raw sugar exports as domestic rates are above global prices.

New Delhi

SUGAR exports from India may double as farmers prepare to harvest the third-biggest crop ever, extending the country's surplus for a sixth year.

Shipments will be two million tonnes in the 12 months starting Oct 1, going by the median of six estimates from refiners,

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