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CIF JUNE Shipment 1038$ (Vessels arriving 15-31 JULY) XRs.83.67(incl Prem) +Port Exp Rs.900 Ton =Landed Cost Rs 877 vs (SoyDgm Kandla H/S quoted 880 Rdy/Fwd 865) +Duty Rs.4337 Ton@5.5% +Refining 30 =SoyRef Landed Cost Rs.950 (vs Kandla quote 945 Vessels already arrived)

C&F MAY Shipment 945$ (For Vessels arriving 1-15 JUNE) XRs.83.24(incl Prem) +Duty Rs.10693Ton@13.75% +Port Exp Rs.1200 Ton =Landed Cost Rs.905 10kg (vs Kandla spot quoted 910 For Vessels already arrived)

C&F MAY Shipment 975$ (Vessels arriving 1-15 JUNE) XRs.83.24(incl Premium) +Duty Rs.4138 Ton@5.5% +Port Exp Rs.1200 Ton =Landed Cost Rs.864 10kg(vs CPO Kandla H/S quoted 881) +Refining Rs.45 =Landed Cost Palmoln Rs.909 (vs Kandla spot quoted 910 for Vessels already arrived)

Officials say the consumption rise is normal due to changing food habits, higher income sugar consumption during the current season (October-September) is set to cross 29 million tonnes (mt), a record high and up 4 per cent from about 28 mt in the 2022-23 season. While industry insiders attributed the increase to higher demand amid …

Continue reading “Polls,heat wave set to drive Indias sugar offtake to record 29 mt this season”

Agriculture Ministry sets lower cane production target for 2024-25 Sugar production in next season may see a decline from current one after the Agriculture Ministry fixed a target of 470 million tonnes (mt) of sugarcane production during the 2024-25 crop year (July-June), potentially requiring government intervention to make sugar prices stable.

INR 83.28 EUR 1.0874/90.4100 POUND 1.2754/106.189 IDR 16162 SGD 1.3496 MYR 4.7030 BSE 74613(-583.7) PETRO 80.08+0.25 USDX 104.73