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Removal of stockholding limits to ease sugar prices: Ind-Ra
The government's decision to remove stockholding limits on sugar dealers to keep prices in check, is expected to ease pressure on sugar prices and improve sugar demand at trader and dealer levels, according to a report.
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Sugar mills to supply 140 crore litres of ethanol
Sugar mills and ethanol manufacturers have entered into an agreement with oil marketing companies to supply a record 140 crore litres of ethanol for blending during the year, starting last October.
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NCP MLA says sugar import affecting Maha farmers
Before the commencement of the state Legislature's sitting for the day, Awhad arrived at the Vidhan Bhawan here
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Buying by stockists likely to push up sugar prices
Govt lifts stock limit on traders; may trigger 1.5 mt of fresh purchases to fill inventories.Sugar prices are likely to rebound in the short term due to fresh buying from stockists, after the lifting of stock holding limits and a gradual decline in distress selling by some mills in Uttar Pradesh and Maharashtra.
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Sugar stocks advance on hopes of volume driven biz
Sugar stocks advanced at 11:51 IST on BSE after the Indian Sugar Mills Association said that sugar production in the current sugar season has grew by 29.8% to 69.40 lakh tons as of 15 December 2017 over corresponding period last season.
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Sugar production up 29.8% till Dec 15, 2017 of current sugar season
Sugar production in the country till December 15, 2017 of current 2017-18 sugar seasons stood at 69.40 lakh tonne, a growth of 29.8% or 15.94 lakh tonne from 53.46 lakh tonne of sugar in the corresponding previous period.
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Sugar output up 30% at 69.4 lt so far in 2017-18 season
India's sugar production rose 30 per cent to 69.4 lakh tonne during the first two and half months of the current marketing year on higher cane output, according to industry body ISMA.
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SUGAR DROPS ON REDUCED DEMAND
Both varieties of sugar prices dropped further at the Vashi wholesale market here today following reduced demand from stockists and bulk consumers amid ample supplies.
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SUGARCANE AREA DECREASES IN NELLORE
Even though the state occupies seventh place across the country in sugarcane production, Nellore district has gradually been seeing reduction in its area due to many reasons such as less support price, long waiting for dues from the factories and other reasons that were pushing the cultivation on tenterhooks.
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SUGAR MILLS MAY OFFER MORE ETHANOL FOR BLENDING
Should the oil marketing companies (OMCs) go for a second round of tender, sugar mills may be able to offer some more quantity of ethanol for fuel blending, said a sugar industry official here on Thursday.
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Sugar prices fall on ample stock
Sugar prices recorded a modest fall of up to Rs 15 per quintal at the wholesale market in the national capital today following mounting stocks on constant supplies from mills amid scattered buying by stockists and bulk consumers.
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Sugar barons suspect foul play in recent 13% price fall
Maharashtra’s sugar barons have alleged that some traders and trading companies have artificially pulled down sugar prices by about 13 per cent over a month, by spreading rumours about a jump in production and the possibility of imports.
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