Indian businessman to stop the acquisition of sugar or sugar prices plummeted

 According to India's

Do panic! The main force is still diving? Stuck with the stock is likely to have saved! March the stock market changes are likely to occur? Tug of war behind the hidden financial trends!
as sugar prices continue to decline, the Indian businessmen to stop the acquisition of sugar products, resulting in the sugar factories of Maharashtra reserves continued to grow sugar products, do the same trend, traders worry that sugar prices bottomed out quickly . According to statistics, in January 3.36 million tonnes of sugar factories communism, the backlog has reached 1 tonne of sugar products, and the price of sugar last year, compared to December 31, the current price of sugar declined.

official said that the price of sugar fell Maharashtra has spread to other sugar products of sugar production to production, Uttar Pradesh, Karnataka and Gujarat and other places are in their impact list.

Maharashtra sugar The Federation of Industry and Commerce Association with the founder of Yue Geshi - Pandey said the downturn in the northern Indian sugar prices are likely to impact on the national sugar production, traders said the price of sugar if the government does not intervene, price of sugar will plummeted. To prevent the backlog of sugar products, factory owners want to sell goods as soon as sugar, and then drive down the price of sugar, which is more negative on the market.