November 20, 2012
Indian sugar futures rose on Monday in choppy trade as an expected delay in cane crushing in the top two sugar-producing states offset higher supplies by mills amid lacklustre demand in spot markets. The key December contract on India's National Commodity and Derivatives Exchange ended up 0.15 percent at 3,336 rupees per 100 kg.
"Demand has declined a bit after Diwali and sugar prices will take cue from the December quota. Most traders are waiting to see the outcome…