Sudden Spurt In Sugar Market

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Sugar market witnessed a sudden spurt after a long time on expectations of a supportive policy in favour of ailing producers and mills by the government including buffer stock minimum selling price and incentives to stabilise sugar price.On Saturday Maharashtra’s 20-21 mills sold about 90,000 bags (100kg a bag) at ₹2,450-2,580 for S-grade and ₹2,580-2,740 for M-grade.

SOURCEThe Hindu Business Line

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