Subscribe to RSS feedIndia looks to Brazil after poor sugar crop
by
Liz McCarthy, London
—
last modified
Oct 08, 2009 03:10 PM
INDIA is expected to import an even greater amount of sugar this year than previously thought, because the late monsoon season has cut the country’s sugar cane production.
Poor weather has hit crop quality so much that shipments from Brazil, the world’s largest exporter, are expected to climb.
“This year because of the bad production, they are buying practically the same quantity that they were selling before,”...
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