Edible oil prices may stay high longer than onion surge
Consumers face persistently high edible oil prices even as onion costs are expected to ease by October. Retail sunflower oil is up 19.5% year-on-year to Rs 193.97/kg, palm oil up 15.9% and…
All posts tagged in sugar
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Centre doubles sugar stock limit as retail prices drop 10%
The central government has doubled the stockholding limit for bulk sugar consumers from 15 to 30 days, citing a nearly 10% decline in retail prices ahead of the festive season. The Times…
350,000 tonnes sugar diverted to domestic market to tame prices
Indian refiners will divert 350,000 tonnes of sugar originally meant for export to the domestic market within a week, after the government cleared the move to ease a supply crunch. The diverted…
Jaggery or honey not healthier than sugar in tea
Replacing sugar with jaggery or honey in tea does not make it significantly healthier, according to dietary experts. While these alternatives are often considered more natural, they are still sources of added…
Sugar prices fall as India opens duty-free imports
Raw sugar futures fell as much as 3 percent in New York to 17.13 cents per pound on Tuesday, after India allowed duty-free imports of 1 million tonnes and permitted refiners to…
Blinkit, Instamart, BigBasket cap sugar sales as prices rise
Quick-commerce platforms Blinkit, Swiggy Instamart and BigBasket have restricted sugar purchases in several cities ahead of the festive season, Economic Times reported. In Delhi-NCR, Blinkit limits customers to one 5-kg pack per…
Retailers cap sugar purchases as prices surge 40%
D-Mart, BigBasket, Blinkit and Swiggy Instamart have begun restricting sugar purchases to 3-5 kg per customer as retail prices have surged 40% in two months. Manufacturers are preparing to raise prices by…
Dolat Capital sees up to 25% upside in two sugar stocks
Dolat Capital has turned constructive on the sugar sector and identified two stock picks with potential upside of up to 25%. The brokerage's positive view is driven by surging domestic sugar prices,…
Sugar importers must sell refined stock in 2 months
The government has ordered importers of raw sugar under the Tariff Rate Quota scheme to convert and sell the refined sugar in the domestic market within two months of filing the bill…
UP has 28 lakh tonnes sugar, no shortage: Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath said the state has 28 lakh tonnes of sugar in stock, enough for seven months of consumption, rejecting reports of a sugar crisis. Speaking at an…
