Wednesday, 20 November 2013

India Sugar Boosted By Hopes Of Import Duty

20-Nov-2013


ndian sugar futures rose on Wednesday from their lowest level in nearly one-and-a-half years on hopes the government would raise import duty on the sweetener and also due to a delayed crushing season in key producing states.


The key December contract was up 0.78% at INR2,829 (USD45.26) per 100 kilo on the National Commodity and Derivatives Exchange at 0840 GMT. It fell to INR2,801 in the previous session, its lowest since June 8, 2012.


Source:- agra-net.com





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