Login ID:
Password:
Partner Login
Contact Us : 7066511911

Government Issues 23 Lakh Tonnes Sugar Quota For October 2020

28 Sep 2020 8:19 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

NEW DELHI (Commodities control) The central government has fixed sugar quota of 23 lakh tonnes for next month October. Higher quota is release for coming month as demand may increase in festival season.


Festivals will begin in second half of October and will continue till first half of next month. The government had release sugar quota of 21 lakh tons for October 2019. Last month, a quota of 22 lakh tonnes was released for current month September 2020.



The spot market was worried in the anticipation higher quota for October 2020. Weaker demand caused for price fall. Sugar prices fell down up to Rs. 60 per quintal. The prices may come down further due to larger quota.


(By Commoditiescontrol Bureau: +91-22-40015505)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
ICE Cotton Steadies Below 18 – Month Peak on Harvest Pr...
Karnataka Cotton Prices Steady amid Poised Arrivals, We...
Cotton Prices Unchanged in A.P-Telangana amid Higher Ar...
Nationwide Cotton Arrivals Drop Nearly 15%;Decline in D...
Maharashtra Cotton Trades Steady as Arrivals Stagnate a...
more
Top 5 News
Oilseed Commentary: Soybean futures ease in harvest pre...
VegOils Commentary: Palm oil unchanged, to trade firm o...
Brazil's October Soy Exports Seen Tad Bit Higher at 2.3...
Brazil Corn Prices Break Record at 81.48 Reais per Sack...
CBoT Corn Falls from 14 – Month High as Market Awaits F...
Top 5 Special Reports
USD/INR (Nov ‘20) – Positive Short-term Trend / May Ret...
USD/INR (Oct ‘20) – Positive Short-term Trend / May Ret...
Weekly: Tur, Chana Plunge Most This Week, Moong Gains
USD/MYR—
USD/CNY & USD/IDR
Copyright © CC Commodity Info Services LLP. All rights reserved.