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All India Sugar Trade Association,
3rd Floor, South Delhi House, 12, zumrutpur Community Center, New Delhi-110048

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Market News

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Cabinet to consider Rs 20 per quintal hike in sugarcane price for 2018-19

The Union Cabinet will consider on Wednesday a proposal to increase the minimum price that sugar mills are required to pay to cane growers by Rs 20 to Rs 275 per quintal for the next marketing year starting October, according to sources.
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Mixed trend in sugar market

Sugar prices at the Vashi wholesale market increased by ₹5-10 a quintal for M-grade and remained steady for S-grade on Tuesday.
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TN sugar mills seek govt support to overcome cane shortfall

Delegation meets CM to seek price support and cogeneration of power with sugar mills
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Sugar production to be 35-35.5 million tonnes: ISMA

Sugar production in 2018-19 (starting October) is expected to be 35-35.5 million tonnes, which is 2.8-3.3 million tonnes higher than in 2017-18, the preliminary estimates of the Indian Sugar Mills Association (ISMA) said on Monday.
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India’s FY19 sugar output to surge 10%; to touch record 35.5 mt, says ISMA

India's sugar production is estimated to rise by 10 per cent to touch a new record of 35.5 million tonnes in the next marketing year, starting October as cane output could rise on normal rains, according to the industry body ISMA.
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Better sugar output likely this year: ISMA

On the back of higher cultivation area, sugar production is expected to be better this year, as per the preliminary estimates of the Indian Sugar Mills Association (ISMA) on Monday.
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Sugar mill ex-manager commits suicide

A former Manager of a sugar mill, who had accused a retired IAS officer's relative of forcing him to exchange demonetised currency totalling Rs 10 crore, committed suicide in Shamli district, police said on Sunday.
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BUZZ-Indian sugar stocks fall on report govt may raise fair price for sugarcane

Shares of Indian sugar producers fall in afternoon trade on a report that govt may increase fair and remunerative price (FRP) for sugarcane by 20 rupees to 275 rupees per quintal
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Sugar stocks turn sour

Shares of sugar producers fell in the afternoon trade on a report that the government may increase the fair and remunerative price (FRP) for sugarcane by Rs 20 to Rs 275 per quintal.
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SUGAR MILLS IN TOUGH TIMES AS DUE RISES TO RS 12,000 CRORE

Despite the mounting arrears of the sugarcane farmers there is no let up in increase in area under sugarcane cultivation for the next cane crushing season 2018-19. The sugar mills are yet to clear over Rs 12,000 crore outstanding dues of the recently concluded cane crushing season 2017-17. The next season 2018-19 is likely to commence from November next.
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Sugar in bear grip

Sugar market continued its bearish trend for second consecutive day on higher reselling pressures on Friday. Prices at the Vashi wholesale market declined by ₹20-30 a quintal.
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Global sugar output to hit record 187.6 million tonnes this year: FAO

In its latest report, the UN body has forecast world sugar output to hit a record high at 187.6 million tonnes in 2017-18 and surpass consumption, with the anticipated surplus likely to be the largest in history.
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