New Delhi:Indian sugar mills are still waiting for global sugar prices to rise to enter into further export deals, industry body ISMA said on Monday.
Owing to a fall in global prices of raw sugar, not many export contracts happened in the last one month or so, beyond the 38-40 lakh tonnes of export contracts which have already been signed, it said in a statement.
"Since almost nine months are left for the current season, mills are still waiting for the opportune time to enter into further export contracts," Indian Sugar Mills Association (ISMA) added.