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BOMBAY SUGAR MERCHANTS
Diwali dhamaka may not rattle sugar"We hope there could be some recovery in prices around Diwali, but it will not be too high."
Sugar trade awaits clarity on GST; cotton industry welcomes moveSugar, cotton and poultry sectors are the top employment generators both at the front and back ends.
Grain traders shut shop, protest against imposition of GSTTraders claim that brands, howsoever small, dominate the wholesale trade now, as increased awareness has tilted the scale in favour of pack...
GST will make sugar cheaper in Tamil Nadu, Andhra Pradesh, no impact in other statesAccording to ISMA, consumers from Tamil Nadu and Andhra Pradesh, the two states which currently have VAT on sugar, will have to pay less on...
Now sugar traders alarm govt about price escalation, demand importsDuty Free Import of White Sugar for bulk consumers and food companies as 60% of total production of sugar is consumed by them, it said.
Soaring sugar prices may not be all good news, can harm tradeSugar prices have risen by more than 8% in last 4 days to Rs 35 per kg at mill gates, according to traders and analysts, who say this could...
Sugar traders book profit amid fears rally may fizzle outSugar prices began to move up after the meeting was announced on August 1, but the rally can be sustained only if the government announces ...
New sugar production set to gather sweet pace across the countryUP sugar mills, which had observed a shutdown against high cane prices fixed by the state government, too have decided to begin operations.
Festival season increases sugar demand, prices remain subdued"The demand from kirana stores and baniyas had reduces due to continuous rainfall," Ashok Jain, President, Bombay Sugar Merchants' Associat...
Sugar hits 7-month low on sluggish demandSugar futures extended losses on Tuesday to hit their lowest in seven months as demand remained sluggish.
- Sugar flat as sluggish demand weighs
Food Minister K.V. Thomas on Thursday said the government will soon start fixing open market quota for sugar for six months. Currently the ...
- Sugar may turn cheaper in November on good supply
Sugar prices, already under pressure, are expected to decline further from November when sugar mills will produce the sweetener on a large ...
- Higher quota, monsoon revival keeps sugar prices in check
The availability of surplus sugar along with an improvement in rainfall in Maharashtra has improved the sentiments of traders and millers.
Prices of grains and oil are likely to rise in festive season; gold prices to be in checkThe deficient monsoon is expected to keep gold prices in check as rural demand gold will pick up once harvesting is over.
- Sugar prices move up 3-5% on festival demand
Wholesale and ex-factory sugar prices have moved up by about 3-5% after three to four months due to good demand for the festival.
- Sugar drops 3-pc as mills cut prices
Spot sugar dropped nearly 3 per cent on Wednesday after millers slashed prices to bolster demand, and as good rains in cane-growing areas d...
- FMC not to ban sugar futures; will scan prices
Commodity market regulator Forward Markets Commission (FMC) has said it does not intend to suspend futures trading in sugar in the near fut...