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India Has Adequate Sugar Stocks, Prices Expected to Fall Soon: ISMA

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India's sugar industry body ISMA has confirmed there is no shortage of sugar in the domestic market. The recent spike in retail prices has been linked to speculative stockpiling and weather-related disruptions to production. To stabilize prices, the Indian government is enabling duty-free sugar imports, primarily from Brazil. Some raw sugar shipments are anticipated to arrive before mid-October. Industry representatives say current domestic supplies are sufficient to meet demand going forward.

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India Has Adequate Sugar Stocks, Prices Expected to Fall Soon: ISMA · ShortSingh