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NEW DELHI: Indian mills have produced 8.2 million tonnes of sugar so far in the season that began on Oct. 1, the Indian Sugar Mills Association said on Monday, against 7.8 million tonnes produced a year earlier.
Raw sugar prices steady, coffee and cocoa slide
Higher sugar output in India, the world’s second-biggest exporter of the sweetener, will help mills boost overseas sales, which in turn could help keep a lid on global prices of the sweetener.