Sugar prices steady on small buying interest
Sugar prices today closed flat at the wholesale market here following adequate stocks and sporadic demand from bulk consumers....
Sugar hits the bottom
After witnessing a continuous decline for over eight weeks, sugar prices at the Vashi wholesale market ruled steady as there is no room for further drop. Producers’ parity is around ₹3,400 per quintal and they are currently selling at ₹2,550-2,700 resulting in huge loss. Higher production, surplus stock, bleak chances of exports are the main factors for the bearish trend, said an analyst....
Low International Sugar Prices to Hinder MIEQ Implementation, Necessitates Further Incentives for Millerss
India Ratings and Research (Ind-Ra) believes while the Minimum Indicative Export Quota (MIEQ) is the need of the hour for the Indian sugar industry, domestic millers will need more incentives to be able to export sugar because of the weak sugar prices in the international market amid a global supply glut....
Sugar prices plunge on bumper stocks, thin demand
Sugar prices went down by Rs 55 per quintal at the wholesale market in the national capital today following bumper stocks amid weak demand....
Sugar prices settle lower on record output
Sugar prices declined by Rs 70 per quintal at the wholesale market in the national capital today following mounting stocks on persistent supply pressure from mills due to record production....
Bearish trend continues in sugar
Sugar market continues to be in bear grip on record sugar production thus increasing burden of surplus on producers and forcing them to sell the commodity at low prices....
Sugar prices settle lower on record output
New Delhi, Apr 18 () Sugar prices declined by Rs 70 per quintal at the wholesale market in the national capital today following mounting stocks on persistent supply pressure from mills due to record production....
Sugar crisis worsens, industry seeks govt intervention
For the Indian sugar industry, struggling to withstand the twin shocks of surplus sugarcane production and falling prices, there could be more trouble in the offing....
Karnataka polls: Belagavi’s sugar to sour miser netas’ chances
BELAGAVI: It is drizzling and lightning flashes across the sky in MK Hubbali. Rayappa Basavanappa Karaguppi, working in his sugar cane fields, takes a leisurely walk towards the shelter of a tree. There is a smile on his face because these pre-monsoon showers are welcome in this rain-fed area, but farmers have other serious concerns, like the erratic pricing done for their harvest....
Sugar production at 299.80 lakh tonne as of April 15: ISMA
India has produced 299.80 lakh tonne sugar as of April 15 during the current October-September 2017-18 season, the Indian Sugar Mills Association (ISMA) said here on Tuesday....