December 19, 2017 / 11:07 AM / a month ago

India scraps stock limit on sugar for traders - govt statement

NEW DELHI (Reuters) - India has scrapped limits on the quantity of sugar that traders can keep, a government statement said on Tuesday, indicating higher output in the year that began in October.

India, the world’s top sugar consumer, had imposed inventory limits on traders in the 2016/17 season to keep prices under control as production fell after dry weather conditions cut cane output.

Reporting by Mayank Bhardwaj; Editing by Malini Menon

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below