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Drought to lower India’s overseas sales next season

This article was originally published in The Public Ledger

INDIA’S sugar exports in the 2012/13 season are likely to fall to 2m tonnes from around 3m tonnes anticipated for the 2011/12 season to the end of September as a drought hits the crop in top producing state Maharashtra and domestic use rises, Rahil Shaikh, managing director of ED&F Man Commodities India, told Reuters.

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