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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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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