Raw sugar gained after India's sugar industry group reported lower production, which could support continued export restrictions.
The most-active contract rose as much as 3.3% to 19.90 cents a pound in New York, edging higher from a September low earlier this week. The Indian Sugar and Bio-Energy Manufacturers Association on Thursday reported a 16% drop in sugar production for the current season compared with a year earlier.
This story is from the January 04, 2025 edition of Hindustan Times East UP.
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This story is from the January 04, 2025 edition of Hindustan Times East UP.
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