Oversupply to keep sugar prices under pressure: Icra

PTI

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The oversupply scenario in sugar continues to put pressure on prices, which touched a low of Rs 27,500 per tonne in mid-May...

Oversupply to keep sugar prices under pressure: Icra

The price continues to be under pressure, Icra said in a report

The price continues to be under pressure, Icra said in a report

The price continues to be under pressure, Icra said in a report

The price continues to be under pressure, Icra said in a report

Sugar prices

The price continues to be under pressure, Icra said in a report

Sugar prices

The price continues to be under pressure, Icra said in a report

Sugar prices

The price continues to be under pressure, Icra said in a report

Sugar prices

Sabyasachi Majumdar

The price continues to be under pressure, Icra said in a report

Sugar prices

Sabyasachi Majumdar

The price continues to be under pressure, Icra said in a report

Sugar prices

Sabyasachi Majumdar

The price continues to be under pressure, Icra said in a report

Sugar prices

Sabyasachi Majumdar

Farmers as part

The price continues to be under pressure, Icra said in a report

Sugar prices

Sabyasachi Majumdar

Farmers as part

"However, the exports are yet to pick up due to low global sugar prices.The sugar surplus in the domestic market has resulted in a significant decline in the sugar prices and has curtailed the mills' ability to clear the cane payments and the cane arrears crossed Rs 20,000 crore during the current season," Majumdar said.