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Sugar weakens on reduced offtake, ample stocks
Sugar prices drifted lower by Rs 20 per quintal at the wholesale sugar market in the national capital today due to reduced offtake against sufficient stocks position.
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Small sugar slips in lacklustre trade
Small sugar prices slipped in an
otherwise lacklustre Vashi wholesale market here today post sluggish demand from stockists and retailers.
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Sugar remains muted in thin trade
There was not much activity at the wholesale sugar market in the national capital today with prices moving in a narrow range in scattered deals and settled at previous levels.
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Govt wants to ease process of purchasing ethanol: Pradhan
Oil Minister Dharmendra Pradhan has promised to ease the process of purchasing sugarcane-extracted ethanol for doping in petrol, a move that will help farmers get better price for the crop and cut the country's dependence on oil imports.
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Farmers body demands sugar mills to pay 15% interest on delayed cane dues
A farmers' body today demanded that sugar mills should pay an interest of 15 per cent on delayed payment of sugarcane dues, which have crossed Rs 22,000 crore this year.
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‘Impose interest on delayed payment to clear cane arrears’
The Central government's Rs 7,000 crore bailout package for sugar industry will hardly benefit farmers, said a farmers' organisation, demanding imposition of 15 per cent interest on delayed payment of sugarcane dues by mills.
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₹7,000-cr sugar package hardly a relief: Farmers’ body
The Central government’s ₹7,000-crore package for reviving the sugar industry has hardly any benefits for the farmers, members of the Rashtriya Kisan Mazdoor Sangahthan (RKMS) said on Tuesday.
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No intent to control sugar sector; just helping mills clear cane arrears via MSP: Govt
he Centre does not want to regulate the sugar sector and has fixed the minimum selling price for the sweetener, as also stock limits on mills, only in the interest of farmers, consumers as well as small units, a senior food ministry official said today.
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Sugar rises on demand
Sugar prices at the Vashi wholesale market extended gains by ₹20-30 a quintal. Naka and mill tender rates ruled steady on Monday.
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Kharif sowing gathers pace; maize, sugarcane area up
Planting of key kharif crops such as paddy and maize has picked up as the South-West monsoon advanced further into parts of Maharashtra and Odisha.
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Why government’s intervention to deal with sugar industry crisis does not solve much on ground
While welcoming the limited relief the package will bring, sugar industry also thinks that it is inadequate for the sector....
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Bitter relief measures for sugar mills
The relief package announced for cane mills has turned a damp squib.
The promise of a 3-million-tonne buffer stock (for a year), fixing sugar floor price at ₹29/kg and incentivising ethanol capacity additions, have not cheered up sugar mills.
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