Relief package for sugar mills to take effect from February 22.Supreme Court refers sugarcane SAP issue to bigger bench.Exporters resume taking forward cover.Now, sugar industry caught in production estimates glut.Sugar production down by 900,000 tonne in the first quarter of 2007-08 season.Uttar Pradesh Government to privatize sugar mills belonging to the Sugar federation and sugar corporation by the next crushing season.Sugarcane – Low demand against steady supplies is likely to lower Prices.