Business Standard

Ravalgaon Sugar up 20%

Related News

The stock frozen 20 per cent upper limit of circuit filter to Rs 9,672.50, after the prices of sugar rose sharply. Ex-mill sugar price in Uttar Pradesh is at a record high of Rs 3,700 a quintal. The prices have gone up 7-8 per cent in a month, though crushing season is on.

In last one year the sugar prices is almost doubled. The has allowed duty-free import of raw sugar to tide over the domestic production shortfall. In the 2008-09 season ending October 2009, domestic sugar output fell 42 per cent to 15 million tonne, causing retail sugar prices to more than double. Currently, sugar is selling at Rs 42-43 a kg in retail.

Read more on:   
|

Quick Links

 

Market News

Nifty hovers near 8,250; Reliance, L&T gain 2%

The 30-share Sensex was up 278 points at 27,405 and the 50-share Nifty was up 812 points at 8,240

Jindal Photo, Jindal Poly Films soar on plan of scheme of arrangement

Jindal Photo surged 18% to Rs 207, while Jindal Photo Films up 7% to Rs 290 on BSE.

Mid-cap outperformance over large-cap continues

Valuation gap between large-cap and small-caps narrowing, say analysts

Mentha oil rises by 0.4% on spot demand

Speculators enlarged positions, supported by rising demand in the spot markets from consuming industries

Cardamom falls by 0.7% on subdued demand

Speculators reduced positions amid adequate stocks in the physical market

Back to Top