best stock advisory company in indoreHNI Commodity PackStock advisory CompanyStock Advisory in Indorestock market advisory tipsTop 10 advisory in indore
Commodity Tips, Sales pick up as prices bottom out
ISMA announced the production trend, suggesting a 26% jump in sugar production in the 2017-18 season
Sugar prices seem to be bottoming out as northern and western markets, including Mumbai, have seen the prices stabilising at lower levels in the past few days. Reports of higher sugar production had led to a sharp fall in prices in recent months.
“The wholesale sugar prices have improved in some parts of north and west India by Rs 30 to Rs 100 a quintal. Sugar sales have also witnessed a slight improvement in the past few days because of buying interest shown by sugar traders,” the Indian Sugar Mills Association (ISMA) said in a note on Wednesday, quoting the data of the consumer affairs ministry.
ISMA also announced the production trend, suggesting a 26 percent jump in sugar production in the 2017-18 season, which began in October. “As of December 31, 2017, 485 sugar mills were in operation in the country and they produced 10.32 million tonnes (mt) of sugar compared to 8.19 mt produced last year same time,” said the note. Over the past fortnight, sugar production has slowed.
Most valuable Financial Advisory with the name of accurate tips provider here invites you to trade in a financial market with a risk-free work click here for more >>
Visit us at - Best Stock Advisory Company in Indore
For FREE Trading Trials – (+91) 9644405056
0731-2427007 | Customer Care Services
0 comments
Note: only a member of this blog may post a comment.