date:Jan 15, 2016
latts Kingsman SA and the London-based International Sugar Organization. The last time the sugar market had two straight deficits was in 2010.
Raw sugar for March delivery was little changed at 14.47 cents a pound on ICE Futures U.S. in New York on Thursday. Sugar prices in Mumbai have surged 46 percent since the end of June, after the government granted interest-free loans to mills and offered a subsidy on exports.
Prime Minister Narendra Modis government in September ordered mills to compuls