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‘Writing was on the wall’: Atul Chaturvedi says sugar prices may remain high, but festival demand could moderate rally
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‘Writing was on the wall’: Atul Chaturvedi says sugar prices may remain high, but festival demand could moderate rally
Domestic sugar prices are spiralling upwards amid tight supplies. The M-Grade mill sugar prices for M-Grade in Muzaffarnagar is trading at Rs 5500-5650 per quintal up almost 40% from June first week, when the prices were trading at ₹4050-₹4150 per quintal. Similarly, in Maharashtra the prices were at ₹3800-₹3850 per quintal in June first week to ₹5350-₹5500 per quintal as on date, up almost 45%. The Government has sounded some interventions to q…
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