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Sugar imports remain viable despite fall in domestic prices: ISMA
Sugar imports continue to make commercial sense even as domestic prices of the sweetener soften, Indian Sugar and Bio-Energy Manufacturers Association (ISMA) President Niraj Shirgaokar said on Wednesday. His comments come against the backdrop of firming global sugar prices, after India, the world's second-largest sugar producer, last month permitted duty-free imports to shore up domestic supplies and keep retail prices in check ahead of the festival season. "Imports are still viable despite dec…
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