Selling pressure dissolves sugar
Sugar prices at the Vashi wholesale market declined by ₹20-30 a quintal on higher selling pressure at upper mill level amid slack demand.
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Sugarcane arrears in India jump to $2.62 billion – trade body
MUMBAI (Reuters) - Sugarcane arrears in India stood at 170 billion rupees ($2.62 billion) at the end of March, a more than 21 percent jump from January-end, as a drop in sugar prices made it difficult for mills to pay farmers stipulated prices, a trade body said on Tuesday.
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Sugar output jumps 49%; mills unable to pay growers
Sugar output increased 49 per cent to 28.18 million tonne (MT) so far in 2017-18 marketing year, but mills are unable to make cane payment to growers owing to low prices, industry body ISMA said today.
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Sugar production hits 282 lakh tonne
India produced 281.82 lakh tonnes of sugar during October-March 2017-2018, the Indian Sugar Mills Association (ISMA) said here on Tuesday.
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Sugar prices end flat on weak demand
The wholesale sugar prices ended steady in the national capital today on scattered buying by stockists and bulk consumers at existing levels.
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India’s Shree Renuka to attempt sale of Brazil sugar mills again
SAO PAULO (Reuters) - India's Shree Renuka Sugars Ltd will try for a third time to sell sugar mills it owns in Brazil at an auction as part of a recovery plan in its in-court debt restructuring, according to court documents seen by Reuters.
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Sugar prices rule steady in mute trade
Both the varieties of sugar prices ruled steady at the Vashi wholesale market here today following lack of worthwhile demand from stockists and bulk consumers.
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Sugar surplus to rise to 5.3 mn tonnes for 2017/18 crop year: WISMA
India's surplus will rise as output from the state of Maharashtra, the country's second-biggest producing state, is expected to jump to 10.6 million tonnes, from last year's 4.2 million tonnes, B.B. Thombre, the president of WISMA, said on Monday.
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Sugar prices weaken on bumper stocks
Sugar prices dropped by Rs 90 per quintal at the wholesale market in the national capital today following bloated stocks amid scattered buying.
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Sugar prices climb on brisk demand, thin supply
New Delhi, Mar 30 () Sugar prices staged a smart comeback at Rs 150 per quintal at the wholesale market in the national capital today on heavy buying by stockists and consumers amid halt in supplies from mills after government allowed export of two million tonnes of sugar yesterday.
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