Sugar demand still low, dues pending, Maharashtra mills report distress sales
Bhairavnath B Thombare, president of the West Indian Sugar Mills Association, the apex body representing private sugar millers in the state, said mills are resorting to distress sales due to the large dues they owe to farmers. Updated: December 22, 2020 8:21:11 am
Farmers say government’s export scheme came too late. (File)
AMID the continuing low demand for sugar, mills in Maharashtra have started reporting distress sales two months into the sugarcane crushing season of 2020-21, with some selling below the government notified Minimum Selling Price (MSP) of Rs 3,100 per quintal.