Tuesday, 22 February 2011
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NCDEX Sugar recovers on supply crunch
NCDEX March Sugar futures ended marginally lower by 0.11, whereas, spot prices closed marginally higher by 0.58% on Monday. No clarification with respect to exports of Sugar under Open General License has kept market almost stable on the first day of the week. Supply situation is also worrying millers as might not sell allocated nonlevy sugar quota for February. The Indian government is http://bit.ly/fU8NhK
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