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Indian sugar futures rise on import duty; guar, spices fall
date:Aug 25, 2014
Indian sugar futures snapped a six-day falling streak on Friday due to a rise in the import duty on the sweetener to 25 percent from 15 percent. India, the world's biggest sugar consumer, raised the import duty on the sweetener to 25 percent from 15 percent as part of efforts to help regional mills struggling with lower prices and higher stocks.

The rise in import duty has supported sugar prices but large supplies in the local markets are expected to restrict any sharp upside in prices, said C

03/10 11:32