NCDEX sugar down on reports of higher imports.

Futures contracts of sugar traded down over 2% after reports said the government may consider more duty-free import of sugar. The government may also impose a stock limit again on mills, this season, if prices continue to rise. National Federation of Cooperative Sugar Factories asking sugar mills to advance cane crushing also weighed on the sentiment. The most-active December contract traded down 2.9% from the previous close.