Sugar Futures Continue To Trade Down

Sugar Futures continue to trade down due to sufficient availability of sugar due to government policies on sugar exports and stock limits. Sugar Jul futures closed 0.72% down to settle at Rs. 3,591 per quintal. Ministry of Consumer Affairs, Food & Public Distribution said in a note that there is more than enough sugar in the country to meet domestic requirement. Even in coming sugar season 2016-17, there would be no shortage of domestically produced sugar in India.

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