Sugar prices have surged for the 3rd year amidst tight supplies and growing global demand. In 2021, the
sugar prices were up by 21 percent.
According to S&P Global, demand for sugar globally is likely to grow most in last 6 years.
In an interview to CNBC-TV18, Abinash Verma, Director General of
Indian Sugar Mills Association (ISMA) said that he expects the next couple of years to be very good for the Indian sugar industry.
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