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Why ethanol diversion is not to blame for soaring sugar prices
Excess rainfall in Maharashtra, Karnataka and Gujarat in September-October last year hit sugarcane growth, hurting sugar production and pushing stocks to a nine-year low. The result: sugar prices rose by Rs 20 per kg in just a month.
Excess rainfall in Maharashtra, Karnataka and Gujarat in September-October last year hit sugarcane growth, hurting sugar production and pushing stocks to a nine-year low. The result: sugar prices rose by Rs 20 per kg in just a month.
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