Reuters revealed India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices and could cap this season’s exports at 8 million tonnes. Shares of more than two dozen listed Indian sugar producers fell as much as 7% reacting to the story, while London white sugar futures jumped to a 5-year high.
The post Reuters reveals India to restrict sugar exports, cap of 8 million tonnes one option appeared first on Reuters News Agency.
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