Stocking, speculation behind ‘unnatural’ sugar price surge: ISMA
Sugar prices jump 29% in a month, industry blames ‘speculative behaviour’ for artificial tightness NEW DELHI: Sugar industry’s apex body ISMA on Monday said that there is no shortage of the sweetener while admitting that the spike in prices is “not natural” and is being fuelled by stocking by bulk consumers and “speculative behaviour”. The…
