Sugar Futures Closed On Tuesday



Sugar Futures closed on Tuesday as the production of sugar slows down during the month of December. As per ISMA press release, the country has produced 80.90 lt of sugar, which is 0.4% higher as compared to last season’s production. Overall sugar production of India, the world's second largest producer and biggest consumer, is pegged at 22.5 million tonnes in 2016-17 sugar year (October- September), lower than 25.1 million tonnes in the last sugar year.

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