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Sugar prices end on a mixed note
Mixed conditions prevailed at the wholesale market in the national capital today with prices of sugar spot and select mills rising on fresh demand from stockists and retailers, while a few other declined on ample stocks on non-stop supplies.
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Sugar prices fall on heavy stocks, thin demand
Sugar prices dropped by Rs 25 per quintal at the wholesale market in the national capital today largely due to ample stocks on higher output and muted offtake by stockists and bulk consumers.
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Selling pressure drags sugar
Sugar prices declined on continuous selling by mills at lower rates on Friday. As a result, prices at mill level declined by ₹80-100 a quintal this week which weighed on spot market where the prices dropped by ₹160-180.
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Sugar industry renews demand for subsidy support from Centre
The sugar industry is reiterating its demand to the Centre for production subsidy to sustain sugarcane payments to farmers and to support exports.
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Talwalkars Better value Fitness Ltd leads losers in ‘B’ group
KM Sugar Mills Ltd, High Ground Enterprise Ltd, Splendid Metal Products Ltd and Kridhan Infra Ltd are among the other losers in the BSE's 'B' group today, 13 April 2018.
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Sugar stocks in heavy demand; surge up to 9.5%
Sugar stocks were in limelight today, surging up to 9.5 per cent mainly on speculative buying, in-line with a bullish broader market.
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Sugar prices steady on scattered buying
In restricted activity, sugar prices ended steady at the wholesale market in the national capital today following sporadic demand amid adequate stocks.
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Sugar stocks sweeten on hopes of government aid
Shares of ten sugar firms rose by 0.32% to 10.51% at 14:41 IST on BSE on reports that the government is likely to provide financial support to cane farmers for produce sold to sugar mills. Meanwhile, the S&P BSE Sensex was up 105.83 points, or 0.31% to 33,894.37.
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Paswan asks states to ensure mills clear cane arrears to farmers
States should issue strict directions to sugar mills to clear their dues to sugarcane farmers and consider taking action against defaulting factory owners, Food Minister Ram Vilas Paswan said today while expressing concern over rising arrears which have reached Rs 15,000 crore.
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Govt likely to pay cane growers Rs 55 a tonne to help sugar mills: Sources
India in March scrapped a 20 per cent export tax and made it compulsory for mills to export at least 2 million tonnes of sugar
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Amarinder seeks detailed project report on Batala sugar mill
Assuring the Bharatiya Kisan Union (BKU) of early completion of the project, Punjab Chief Minister Amarinder Singh today sought a detailed report on the proposed Batala sugar mill.
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Sugar prices drop on ample stocks, muted demand
Sugar prices were down by Rs 80 per quintal at the wholesale market in the national capital today on increased selling by stockists amid bumper stocks on unabated supplies from mills.
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