Sugar surges on rising demand
Mumbai, Jul 3 (PTI) Prices of both the varieties of sugar surged at the Vashi wholesale market here today following rising demand from stockists and bulk consumers....
Bullish trend in sugar market
As expected, sugar prices at Vashi increased by ₹20-₹70 on Tuesday, following firm mill tender rates. Naka rates were up by ₹10 for M-grade and ₹60 for S-grade....
Maharashtra government sets up committee to evaluate cooperative sugar factories
In a bid to reign in the Congress-NCP dominated cooperative sugar sector ahead of Lok Sabha and assembly elections slated for 2019, the Maharashtra government has set up a high level committee to evaluate the functioning of the sugar factories, examine use of government funds, lapses or misuse in its utilisation and action taken by the cooperation department against the culprits....
Industries to be set up on vacant land of sugar mills: Haryana minister
Various small and big industries would be set up on the vacant land of sugar mills to increase their income, Haryana Minister of State for Cooperation Manish Kumar Grover said today....
Sugar prices zoom on thin supply, brisk new month demand
Sugar prices registered sharp gains of up to Rs 330 per quintal at the wholesale market in the national capital today as ongoing new month demand outstripped the supply. Marketmen said heavy buying by stockists and bulk consumers such as soft-drink and ice-cream makers for ongoing new month, triggered by tight supplies from mills, mainly brought the notable upside movements in the sweetener's prices....
Sugar prices close quiet on small buying
The wholesale sugar market depicted a steady trend in the national capital today with prices after moving in a tight range settling flat. Marketmen said small buying by stockist and bulk consumers amid sufficient stocks managed to keep sugar prices at overnight levels....
Cabinet nod for big hike in MSP of kharif crops next week: PM
Prime Minister Narendra Modi today said the minimum support price for kharif crops, including paddy, will be fixed at least 1.5 times of the production cost in the Cabinet meeting next week....
Govt fixes 16.5 lac tonnes sugar quota for sale in July
Sugar mills can sell 16.50 lakh tonnes of the sweetener in the open market in July, the government today said. In a notification issued today, the food ministry has allocated sugar quota for sale to each of 524 mills in the country....
Kharif MSP at 150% of input cost to be announced next week
Prime Minister Narendra Modi on Friday announced that the Union Cabinet would approve a Minimum Support Price (MSP) of 150 per cent of input cost for Kharif crops in the 2018-2019 season next week....
Demand lifts sugar prices
Sugar prices gained by ₹10-20 at Vashi on improved local demand amid fear of lower sell quota for the month of July....