Top Headlines
  • Higher sugar prices may be a short-lived treat for producers

    By Jul 18, 2017 6:28 PM

    India hiking import duty on sugar gives local sugar mills protection from cheaper imports. The icing on the cake is that global sugar prices have risen too

  • Sugar import duty hiked to 50 pc to support domestic prices

    By Jul 12, 2017 11:59 AM

    The government on Monday increased import duty on sugar to 50 per cent, up from 40 per cent, to restrict cheap inward shipments and maintain domestic prices. The food ministry had proposed increase in import duty on the grounds that fall in local prices will affect millers capacity to pay cane dues to growers.

  • #GoodNews: After a Bad Year, Monsoon Lifts Sugar Production By 25%

    By Jul 10, 2017 12:47 PM

    After a huge fall in sugar production in 2016-17 that forced the import of 5,00,000 tonnes, official and industry circles expect the upcoming "sugar year" to be sweeter, thanks to a good monsoon and signals of better yield from the field.

  • ABF Sugar High Continues As Primark Slows

    Jul 07, 2017 4:24 PM

    Associated British Foods (ABF) continues to benefit from the revival of raw sugar prices whilst a spike in high street activity around a sunny Easter kept retail challenges at bay in the third quarter. Despite Primark performing “a lot better than H1,” ABF still only sees the outlook for the remainder of the year as only marginally improved.

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Spot Prices
Cotton: Maharashtra (20/Jul 10:31 AM)

AGD (BB/29M) 43,000 0 0.00 %
Akola (Fardar/25/27M) 36,500 0 0.00 %
NGP (MECH-1/28M) 42,600 0 0.00 %
NGP (MECH-1/29M) 43,800 0 0.00 %
Yarn: Punjab (07/Jun 11:41 AM)

Ludhiana(20S Comb(Wrap)) 210 25 13.51 %
Future Prices (20/Jul 10:28 AM)
ICE Cotton No.2 (USC/LB)
Dec 31, 2017 68.32 0.23 0.34 %
Mar 31, 2018 68.00 0.28 0.41 %
May 31, 2018 68.61 0.19 0.28 %
ZCE (Yuan/Ton)
Jul 31, 2017 15,525.00 0.00 0.00 %
Sep 30, 2017 15,055.00 40.00 0.27 %
Nov 30, 2017 15,105.00 40.00 0.27 %
Exchange Rates (20/Jul 10:34 AM)
1 US $ = Rs 64.37
0.04 0.06%
1 UK £ = Rs 83.81
0.98 1.18%
1 Eur € = Rs 74.11
-0.12 -0.16%
100 ¥en = Rs 57.44
0.02 0.03%
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