11th April, 2023.
In light of the of the recent rally in Sugar domestic sugar price in India, stocks of listed sugar companies saw a rally on the exchange.
In the first 10 days of April, sugar prices rallied by about 7 %, highest thonth of April has ever seen hostorically. In Maharashtra, sugar is currently trading at an ex-Mill price of 34.7 per kg for S30 and 35.7 per kg for M30 Sugar, taxes additional.
Stocks of Sugar mills and sugar export houses have now become a hot topic of discussion for stocks traders and analysts.
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