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No reason for sugar prices to go up; sugar is inflation-proof in India: Shree Renuka Chairman
“We are looking at something like 41 million tonnes of sucrose and our domestic consumption is anything between 27 and 27.5 million tonnes. Diversion to ethanol directly as part of juice could be another 5 million tonnes. We would still need to export and that could be anything between 8 to 8.5 million tonnes.