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India’s Uttar Pradesh Sets Cane Price at 2,400 Rupees

(Corrects price in headline, first and second paragraphs.)

Nov. 8 (Bloomberg) -- India’s Uttar Pradesh state fixed the price of sugar cane at 2,400 rupees a metric ton, Indian Sugar Mills Association Director General Abinash Verma said in a phone interview today.

The northern state, the largest producer of sugar cane in the country, set a price of 2,500 rupees a ton for a higher-yielding variety, Verma said.

To contact the reporter on this story: Prabhudatta Mishra in New Delhi at pmishra8@bloomberg.net

To contact the editor responsible for this story: Pradeep Kurup at pkurup3@bloomberg.net

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