Sugar prices dip by Rs 40 per quintal on bumper stocks

Times of India – 14 November 2017: New Delhi, Sugar prices softened by Rs 40 per quintal at the wholesale market in the national capital today following bloated ready sugar stocks amidst limited offtake by stockist and bulk consumers. According…

Sugar prices climb on strong demand, tight supply

Zee Business – 18 September 2017: Sugar prices spurted by Rs 50 per quintal at the wholesale market in the national capital today following brisk buying by stockists and bulk consumers ahead of festive season coupled with halt in supplies…

Sugar prices fall on higher stocks, low demand

Business Standard – 11 September 2017: 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….

Stocks of Tamil Nadu sugar firms bite the dust as dry spell continues

Hindu Business Line – 5 September 2017: Stocks of sugar companies in Tamil Nadu are taking a beating on the exchanges — they are close to hitting 52-week lows in the backdrop of an all-time poor performance anticipated in the…

Sugar stocks surge

Indiainfoline – 5 September 2017 Sugar stocks surged during Tuesday’s trading session on the back of reports that government is likely to allow the import of 3 lakh tonnes raw sugar at 25-30% duty. The shares of Uttam Sugar Mills…

FMCG, sugar stocks decline

Business Standard – 4 September 2017: Weakness persisted on the bourses in mid-afternoon trade led by slide in Infosys and HDFC Bank. At 14:25 IST, the barometer index, the S&P BSE Sensex, was down 213.24 points or 0.67% at 31,678.99….

‘Limit on stock stops sugar purchase for the time being’

Times of India – 4 September 2017, Kolhapur: The central government’s decision to put a limit on sugar stock will impact sugar purchase as traders are waiting for further decline in prices. The central government has ordered sugar millers to…

As Centre puts stock limits, millers say will not affect price

The Indian Express – 31 August 2017 Two months before the official commencement of the 2017-18 crushing season, sugar mills in Maharashtra have to reckon with stock limits, which they say will be hard to meet. The stock limits, which…

Sugar stocks turn sweet on reports of possible hike in ethanol prices

Business Standard – 24 August 2017: Shares of seven sugar companies rose 0.29% to 3.3% at 14:30 IST on BSE after reports suggested that the food minister has asked for Rs 2 per litre hike in ethanol prices sold to…

KM Sugar Mills standalone net profit declines 25.68% in the June 2017 quarter

Business Standard – Sale rise 13.15% to Rs 117.49 crore Net profit of KM Sugar Mills declined 25.68% to Rs 8.42 crore in the quarter ended June 2017 as against Rs 11.33 crore during the previous quarter ended June 2016….