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Sugar Crop Tumbling to Four-Year Low in India May Cut Glut

Sugar output in India, the largest producer after Brazil, may tumble to the lowest in four years after excessive rains in the biggest growing region cut yields and some farmers diverted the crop to make a local sweetener. 

Production will probably drop 6.4 percent to 23.5 million metric tons in the year that began on Oct. 1, the smallest since 2009-2010. That’s less than the 25 million tons forecast in September by the Indian Sugar Mills Association.

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