India ups sugar exports to Iran, Asia; takes share from Brazil
Indian mills receive premium for sugar sales to Iran * Mills sold sugar to Bangladesh, Malaysia - trade * Brazil losing market share as India business picks up LONDON/MUMBAI, March 12 (Reuters) - Indian mills are exporting more raw sugar to Iran and Asian markets, aided by a production incentives package and recovering world prices, seizing market share from top exporter Brazil. "There is a strong flow of physical trade from India, helped by the rally in world sugar prices, export incentives and rupee clearing," said Jonathan Kingsman, head ...
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