Sugar declines on ample stocks, selected demand
New Delhi, Jun 25 () A steep fall of Rs 100 per quintal in sugar prices, marked trading at the wholesale market in the national capital today, pulled down by ample position of stocks on persistent supplies from mills amid absence of worthwhile buying activity.
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Kharif crop sowing crosses 115.90 lakh hectare area
The total sown area as on 22nd June 2018, as per reports received from States, stands at 115.90 lakh hectare as compared to 128.35 lakh hectare at this time last year.
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Sugar declines on ample stocks, selected demand
A steep fall of Rs 100 per quintal in sugar prices, marked trading at the wholesale market in the national capital today, pulled down by ample position of stocks on persistent supplies from mills amid absence of worthwhile buying activity.
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Uttar Pradesh govt asks sugar mills to pay Rs 123 bn dues in 15 days
In the current season, that is 2017-18, UP's sugar production was around 12 mt on the back of higher production and a rise in recovery ratio of 10.87%
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Sugar prices decline further
Sugar prices at Vashi declined further by ₹15-20, extending a bearish trend on Friday as producers/mills brought down the sale price by ₹10 for fair quality.Naka rates were steady.
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Sugar extends losses on higher supply
Sugar prices drifted lower in the wholesale sugar market in the national capital today on fall in demand from bulk consumers and stockists against ample stocks position on increased arrivals from mills.
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Sugar adds more losses on higher supply
The slide in sugar prices remained unabated at the wholesale market in the national capital for another day as persistent supplies outpaced the current demand and registered further fall of up to Rs 50 per quintal.
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To bridge trade gap, China opens door to Indian raw sugar
NEW DELHI: India will export 1-1.5 million tonne of raw sugar to China after almost a decade and is waiting for a formal notification from Beijing greenlighting the consignment. Though sugar exports attract a 50% duty in China, officials said it was still viable because of the high prices there.
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Sugar prices drop
Maharashtra’s mills sold sugar ₹20 lower on Wednesday on reports of higher cane sowing. On the previous day about 18 mills sold 20,000 bags at ₹2,920-3,000 a quintal of S-grade and ₹3,020-3,100 M-grade.
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Sugar declines on low demand
Prices of both the varieties of sugar declined at the Vashi wholesale market here today following lower demand from stockists and bulk consumers.
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