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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.
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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.
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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.
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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.
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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.
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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.
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Sugar prices close quiet on low demand
Steady conditions were seen at the wholesale sugar market in the national capital today following scattered buying amid adequate stocks.
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Sugar output at record 30 mln tn; cane arrears cross Rs 20k cr
India's sugar production has touched an all-time high of 29.98 million tonnes till April 15 in the current season on higher cane output, leading to a surge in arrears to farmers at over Rs 20,000 crore, according to industry body ISMA.
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Indian cane arrears could hit $3.8 billion as prices tank – industry
MUMBAI (Reuters) - Cane arrears in India could leap to a record 250 billion rupees ($3.8 billion) in 2017-18 as a drop in sugar prices to their lowest level in 28 months made it difficult for mills to pay farmers mandatory cane prices, industry officials told Reuters.
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Sugar production to cross 30 mn tonnes, arrears hits Rs 18,000 cr
Sugarcane production in the country this year has reached 29.09 million tonnes so far and it will cross 30 million mark in next few days, a government official said on Tuesday.
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Sugar price falls; cane arrears cross ₹20,000 crore on record output
The country’s sugar production has touched a record 29.98 million tonnes (mt) till April 15 in the current season on higher sugarcane output, resulting in arrears to farmers burgeoning to ₹20,000 crore, according ISMA.
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Bearish trend continues in sugar
MUMBAI, APRIL 16
Sugar prices at the Vashi market extended their bearish trend on limited demand amidst higher supplies. Prices at mills level dropped by ₹10-20 a quintal as demand remained thin forcing producers to keep their tenders open.
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