[lbo-talk] ISO sees India surplus keeping lid on sugar prices

uvj at vsnl.com uvj at vsnl.com
Mon Oct 22 12:41:31 PDT 2007


Reuters India

ISO sees India surplus keeping lid on sugar prices http://in.reuters.com/article/businessNews/idINIndia-29907920071008

Tue Oct 9, 2007

LONDON (Reuters) - India may have an exportable sugar surplus of 11.5 million tonnes, raw value, in 2007/08, making significant price advances unlikely, the International Sugar Organization said on Monday. The ISO, in a monthly market review, said much of the surplus is expected to go into stocks. http://in.reuters.com/article/businessNews/idINIndia-29907920071008



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