ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Sugar the Price Chase

WITH October, the 1979-80 sugar season has begun. The 1978-79 season had opend wlth large stocks of about 3.5 mn tonnes and production in the season is estimated to have been 6 mn tonnes. Prices had declined sharp-ly before the season's production had begun to come to the market. The industry started with voluntary monthly quotas, pushed up prices and saw to it that government reintroduced the system of monthly releases.

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