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India doubles sugar stockholding limit for bulk consumers

India relaxed the sugar stockholding limit for bulk consumers from 15 to 30 days and urged traders and wholesalers to pass on benefits of lower ex-mill prices to consumers.

India has doubled the sugar stockholding limit for bulk consumers to 30 days from 15 days, the government said in a statement on Friday. It also urged traders and wholesalers to pass on the benefit of lower ex-mill prices to consumers.