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Sugar prices drop on heavy stocks, weak demand
Sugar prices drifted lower by Rs 40 per quintal at the wholesale market in the national capital today following bumper stocks against thin demand.
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Record ethanol procured for petrol blending, says Pradhan
A record 140 crore litres of ethanol will be blended with petrol this year as the government pushes for use of agri-extracts to cut dependence on imports to meet oil needs.
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Sugarcane price arrears to farmers at nearly Rs 140 billion
The arrears for 2016-17 stood at ~9.03 billion and earlier years at Rs 16.86 billion..
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Sugarcane arrears mount to nearly Rs 14,000 cr as on January
NEW DELHI, MAR 6
Sugar mills owed nearly Rs 14,000 crore to sugarcane farmers at the end of January in the ongoing marketing season, the government said today.
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Sugar prices plunge on ample stocks, low demand
Sugar recorded a fall of up to Rs 100 per quintal at the wholesale market in the national capital today, pulled down by mounting stocks following relentless
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Sugar prices hold firm
Sugar prices ruled steady at all level for the second consecutive day as demand-supply remained at par amid selling pressure .
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‘Sugar industry may need government support to tide over glut, price problems’
Domestic sugar industry, reeling under an anticipated higher production, may need the government support to tide over the glut and drop in prices, said a release from rating agency ICRA on Wednesday.
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Loan fraud case: Simbhaoli Sugars says committed to clear all dues
Faced with a CBI probe for alleged loan fraud, the Simbhaoli Sugars today said it is committed to clear its outstanding dues to the Oriental Bank of Commerce in "
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Sugar prices edge higher on stockists’ buying
Sugar prices went up at the wholesale sugar market today on emergence of buying by stockists and bulk consumers
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Sugar in bear grip
Sugar prices at the Vashi market declined by ₹10-15 a quintal tracking weak trend led by resale pressure. Naka rates were down by ₹30-50, while mill tender rates were lower on slack demand.
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Duty hike to boost profitability of sugar mills: Crisil
Profitability of sugar mills is set to improve and farmers are expected to get timely payments after government increased import duty and restricted sugar sales, said a report.
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Sugar steadies in thin trade
Sugar prices ruled steady in Mumbai after gaining ₹20-50 a quintal last week as per quality. Due to Shivaji Maharaj Jayanti, Vashi market remained
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