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Taking Stock: Window to process and sell imported sugar extended
The government has extended the deadline for selling imported sugar domestically. Importers now have two months to sell processed sugar after filing bills. This change comes as domestic sugar prices reached record highs recently. Sugar millers had requested more time due to import processing delays. India's closing sugar stock is projected to be lower than targeted.
The government has extended the deadline for selling imported sugar domestically. Importers now have two months to sell processed sugar after filing bills. This change comes as domestic sugar prices reached record highs recently. Sugar millers had requested more time due to import processing delays. India's closing sugar stock is projected to be lower than targeted.
Read original at The Economic Times