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India's 2018/19 sugar exports seen at 2-4 million tonnes - LMC International head

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Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - India is likely to export 2 million to 4 million tonnes of sugar in the 2018/19 marketing year starting next month as production could hit an all-time high, a senior industry official said on Thursday.The world's second-biggest producer's sugar output is seen at 33 million to 35 million tonnes against 32.3 million tonnes produced a year earlier, said the chief of commodities consultancy LMC International."The world sugar market will find it hard to absorb more than 2 to 4 million tonnes of sugar in the next 12 months because there is reasonably enough sugar out there," ...

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First Published: Thu, September 06 2018. 16:55 IST
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