Sugar prices closes quiet on some support
The wholesale sugar market remained steady in the national capital today with prices moving in a narrow range in limited deals and settled at previous levels. Marketmen said ample stocks position against sporadic demand mainly kept sugar prices at last levels.
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Sugar quota increased for BPL families, Antyoday card holders
Maharashtra government today announced increasing the quota of sugar for people living Below the Poverty Line (BPL) and those having Antyoday cards. The quota per family per month is increased from 500 grams to one kg, while the rate is also hiked from Rs 15 per kg to Rs 20, a GR issued today stated.
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Sugar prices decline on bumper stocks, muted demand
Sugar prices settled lower by Rs 30 per quintal at the wholesale market in the national capital today on slackened demand amid nonstop supplies from mills. Market men said bloated ready stocks on consistent supplies from mills amidst limited offtake by stockist and bulk consumers, mainly brought down the sweetener prices.
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Co 205 sugarcane variety turns 100
The symposium is to commemorate the 100th year of release of Co 205, the first inter-specific commercial cane hybrid variety, which according to Bakshi Ram, Director, Sugarcane Breeding Institute, revolutionised cane cultivation in the country. At present, Co and Co-allied sugarcane varieties occupy more than 98 per cent of the area under cane in the country.
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Range bound trade in sugar
MUMBAI: Sugar prices seems to be remained range bound / steady during pick festivals times if you see the market trend from the beginning of the month due to timely taken steps by governments like permission for imports and stock limits on producers which could make supply ease in the markets.
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Nestle goes the ‘Milky’ way, brings down sugar content in milkybar
MUMBAI: Nestle IndiaBSE -0.36 % has cut the amount of sugar in its Milkybar chocolate and increased milk as part of its wider strategy to create healthier products and add wholesome ingredients.
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Maharashtra govt looks to revive at least 40 shuttered cooperative sugar mills
Mumbai: The Maharashtra government is weighing a unique model to revive defunct cooperative sugar mills in the state, possibly by acquiring them and leasing them out to those who can turn them around. Maharashtra is India’s second-largest producer of sugar, and the sweetener has for long had a central place in its political economy.
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Pakistan struggles to export sugar surplus as global prices plunge
KARACHI/MUMBAI (Reuters) - Pakistan's sugar industry is urging the government to reinstate export subsidies after a steep fall in global sugar prices has slowed shipments, adding to a domestic surplus just as the country prepares to harvest a record crop.
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Raw sugar imports may check price hike in festive season: ICRA
The government decision to permit raw sugar import of 0.30 million MT at a concessional duty of 25 per cent may supplement sugar supplies in the sugar deficit southern and western states and also benefit consumers from possible price shocks during the forthcoming festive season, a report said.
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Sugar prices fall on higher stocks, low demand
Sugar prices weakened by Rs 35 per quintal at the wholesale market in the national capital today due to bumper stocks following increased supplies against muted demand from bulk consumers as well as retailers.
Marketmen said fall in offtake by stockists and bulk consumers amid relentless supplies from mills mainly led to the fall in sweetener prices.
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