Indian exports to weigh on sugar prices, Iran market eyed
Indian cane mills are struggling due to weak sugar prices * Mills could muscle out competition from Brazil to Iran * Government could grant transport subsidy to mills LONDON/MUMBAI, Dec 5 (Reuters) - A pickup in Indian sugar exports will weigh on global prices after a standoff was resolved between mills and farmers over the cane price, and sales to Iran look increasingly likely. Analysts expect India to be a net exporter of sugar in 2013/14, selling at least 1.5 million tonnes and possibly more than 2.0 million depending on price movements ...
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