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sugar trade: Govt gives final warning to sugar sector stakeholders to disclose stocks by Oct 17

The Indian government has issued a final warning to all legal entities involved in the sugar trade to declare their stocks on a food ministry website by October 17. The government has observed that many entities have not registered themselves on the sugar stock management system and are not updating their stock position regularly, which disrupts the sugar market equilibrium.
Food Ministry Vegetable Oils Essential Commodities Act Sugar Trade Stock Position Sugar Stocks

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India's palm imports fall more than a quarter in Sept as stocks surge -dealers

India's imports of edible oil fell 19% in September from August's record as refiners curtailed purchases of palm oil by 26% after inventories jumped to a record, five dealers told Reuters. Lower purchases by the world's biggest importer of vegetable oils could lead to higher stocks of palm oil in key producers Indonesia and Malaysia, weighing on benchmark futures. India's total edible oil imports in September fell to 1.5 million metric tons, including 830,000 tons of palm o...
Rajendra Jadhav Clarence Fernandez Rajesh Patel Ashwini Bansod Extractor Association Of India Phillip Capital India Pvt Ltd
Source: yahoo.com

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