Indian sugar prices down 25% over the past week at the mill level
5 Articles
5 Articles
Sugar Prices Set to Fall Further as Ex-Mill Rates Drop 20%, Government Says
Ex-mill sugar prices in India have declined by around 20 per cent, while retail sugar prices have also started coming down, and given the normal transmission of changes through the supply chain, retail prices are expected to follow the downward movement in prices shortly, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday. Sugar Prices Set to Fall Further as Ex-Mill Rates Drop 20%, Government Says.
The artificial rise in sugar prices has been curbed within a week, with prices coming down by Rs 1,500 per quintal, which has brought relief to consumers. Sugar prices have now come down to Rs 45 to Rs 55 per kg. On the other hand, the wholesale price of milk in Mumbai will increase by Rs 9 per litre from September 1, reaching Rs 102.
Sugar Prices Slide 20 pc as Supply Measures Ease Market Pressure
New Delhi, Aug 28: Sugar prices have declined by around 20 per cent as government measures to discourage hoarding and maintain adequate supplies begin to ease pressure in the market. The fall in prices is [...] The post Sugar Prices Slide 20 pc as Supply Measures Ease Market Pressure appeared first on Business News This Week.
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