Not so candy: India could must import sugar as planting wanes | Reuters Information Company


PowerSurroundings

Reuters was first to report that India’s sugar output this crop yr, hit by weak rains, is about to lag consumption for the primary time in seven years, and decrease plantings could even pressure the world’s No.2 producer to import within the following yr.

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Farmer Vijayakumar Magdum in Maharashtra’s Sangli district, the place rainfall was 44% beneath regular throughout this yr’s monsoon, highlighted the ache the sector faces, saying wells dried up in August and wilted his cane crop.

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