Indian Sugar Exporters Strike New Deals After CCEA Clears Rs 6,000 Per Tonne Incentive
Indian sugar exporters strike new deals after CCEA clears Rs 6,000 per tonne incentive The deals have been struck at a premium of 130-140 cents a pound over New York price for raw sugar. December 23, 2020 / 09:15 PM IST Indian exporters have struck a few deals for sugar exports after the Cabinet Committee on Economic Affairs (CCEA) on December 16 decided to give Rs 6,000 per tonne incentive for the commodity’s shipments. The deals have been struck after sugar exports had almost come to a standstill for the two-and-a-half months since October 1 this year. The incentive, costing the Union ...
Source: moneycontrol.com