Sugar Price

Sugar demand rises as consumption of cold drinks and ice cream climbs in India during the summer months that run roughly from April to June

Concerns about low output behind the uptick; retail prices may remain flat

In India, the Central government determines the quantity of sugar that each mill can sell in the domestic market each month which keeps on changing depending upon the demand-supply matrix.

GoM recommends hiking MSP to Rs 33 a kg to clear farmers' dues

UP is estimated to produce 45% of India's sugar in 2019-20 cycle

The ISO noted that consumption growth was expected to be below the 1.8 per cent average seen up to 2016-17

Sugar mills are currently going through a massive slowdown in pick up from the bulk consumers

Price of benchmark S 30 sugar up by Rs 100 a quintal, trades at Rs 3,020-3,070 a quintal in Vashi APMC market on Saturday

he food ministry has moved a draft Cabinet note on creating a sugar buffer of 3 million tonnes and fixing a minimum ex-mill price

With falling prices, sugar companies' share prices have crashed

Spot sugar prices rebounded sharply from a recent low to hit the highest in three months, following a global move and traders returning to the market after almost three weeks.The benchmark M-30 variety at the Vashi wholesale market jumped to trade at Rs 4,050 a quintal on Thursday, from a low of Rs 3,914 a qtl on June 29. The M-grade contract for delivery in July hit the upper circuit on the National Commodity & Derivatives Exchange (NCDEX), to trade at Rs 3,816 a qtl. The far month sugar contract for delivery in October, however, remained relatively resilient on NCDEX, to trade at Rs 3,590 a qtl on concern regarding surplus carry-forward stocks from the current season and estimates of a bumper cane output for the next season."A cold wave has certainly hit the standing sugarcane crop in some areas in Brazil. Sugar prices in India have followed a global move," said an analyst with a large stockbroking entity. Raw sugar futures on the Chicago Mercantile Exchange jumped to the ...

Marketmen said increased availability of sugar in the market following a beginning of a crushing season, mainly weighed on sweetener prices