homevideos Newsmarket Newscommodities NewsSugar rates up 21% in 2021; ISMA says next couple of years to be good for industry

Sugar rates up 21% in 2021; ISMA says next couple of years to be good for industry

Sugar prices have surged for the 3rd year amidst tight supplies and growing global demand. According to S&P Global, demand for sugar globally is likely to grow most in last 6 years.

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By Manisha Gupta  Jan 3, 2022 2:18:08 PM IST (Published)

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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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