Indian sugar higher

Indian sugar futures edged higher on Tuesday, with traders watching the government for incentives to help millers tide over stockpiles. The August contract on the National Commodity and Derivatives Exchange was up 0.08 percent at 1,309 rupees, while the September contract was up 0.07 percent at 1,339.
Dinesh Somani, analyst with Indiabulls Commodities Pvt Ltd, said the market would be stuck in a narrow range unless the authorities gave incentives such as a higher price for levy sugar the government buys from millers and used for welfare programmes.