Indian sugar mills association

Sugar prices drop Rs.30/q on stock limit

Date:	03 Sep 2016

Source:	The Financial Express

Reporter:	fe Bureau

News ID:	5927

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Sugar prices drifted lower by Rs 30 per quintal at the wholesale market in the national capital on Friday increased supplies after the government imposed stock limits on mills during the festival season till October-end.

The government on Thursday imposed stock limits on sugar mills during the festival season till October-end to check rising price of sugar which has crossed Rs 40 per kg.

Marketmen said increased supplies in the market from mills and slowdown in buying by bulk consumers,weighed on sweetener prices.

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